Philippines Electric Car Market 2022-2027

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    With rising energy costs and growing concerns about climate change, more corporations in the Philippines are racing to get electric cars (EVs) on the road.


    Infographic ; Philippines Electric Car Market, Philippines Electric Car Market Size, Philippines Electric Car Market Trends, Philippines Electric Car Market Forecast, Philippines Electric Car Market Risks, Philippines Electric Car Market Report, Philippines Electric Car Market Share


    EVs are touted as one of the more efficient methods toward carbon neutrality and, in the long run, an escape route from soaring oil prices when compared to typical automobiles that use internal combustion engines.





    The Philippines Electric Car Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.



    In the Philippines, Nissan unveiled the Nissan LEAF, its flagship full-battery electric vehicle (EV). Nissan is bringing its first fully electric vehicle to the United States. Although hybrid automobiles have been introduced in the Philippines in the past, mass market EVs have been scarce.


    The LEAF will be offered at three Nissan dealerships: Nissan Mantrade Makati, Nissan Otis, and Nissan Cebu South, according to Nissan. Charging stations for the LEAF will be available at these dealerships. On a full charge, the LEAF’s 40-kWh lithium-ion battery provides a range of up to 311 kilometres.


    The all-electric BMW iX vehicle is now available in the Philippines. In a stunning and commanding fashion, the BMW iX is a head-turner. The iX’s design isn’t subtle, and it’s keen to convey that it’s not your average BMW. 


    The iX’s stunning “Kidney Lung” grille, which can be found on most BMWs these days, is flanked by sharp LED headlights and incorporates blue highlights below to emphasise its environmentally conscious nature. The combination of an aluminium space frame and carbon-fiber-reinforced plastic (CFRP) in the top, sides, and rear results in a mix that boosts rigidity while reducing weight.


    The new BMW 2 Series Coupe is now available, and the SMC Asia Car Distributors Corporation-owned BMW Philippines is happy to announce that it has a starting price of only P3,690,000. The BMW iX, which will be the brand’s first all-electric vehicle for the Philippines, joined the coupe.


    The RSA Motors team debuted the coupe initially to great praise and added that the M2 will be based on the moniker. Although BMW Philippines has not provided any additional information, it is reasonable to assume that the performance coupe will eventually arrive in the Philippines.


    The only version of the 2 series that will be sold will have the M Sport package, which incorporates some aesthetic cues and features from the M3 and M4 vehicles. The new “2” has a two-plus-two seating arrangement despite being a coupe.


    Two LED headlights surround the massive kidney grille that dominates the front end. The 2 series has an extended hood, a roofline that slopes, and a small back end that houses the LED taillights. These characteristics flow to the roofline.


    Underneath the external upgrades, BMW equipped the 2 series with M aero and M Sport suspension, two performance components. Additionally, run-flat tyres are mounted on alloy wheels that are distinctive to M Sport.






    1. What is the average cost per Philippines Electric Car Market right now and how will it change in the next 5-6 years?
    2. Average cost to set up an Electric Car Market in the Philippines?
    3. How many Philippines Electric Car Market are manufactured per annum globally? Who are the sub-component suppliers in different regions?
    4. What is happening in the overall public, globally?
    5. Cost breakup of a Philippines Electric Car Market and key vendor selection criteria
    6. Where is the Philippines Electric Car Market  manufactured? What is the average margin per equipment?
    7. Market share of Philippines Electric Car Market manufacturers and their upcoming products
    8. The most important planned Philippines Electric Car Market in next 2 years
    9. Details on network of major Philippines Electric Car Market and pricing plans
    10. Cost advantage for OEMs who manufacture Philippines Electric Car Market in-house
    11. 5 key predictions for next 5 years in Philippines Electric Car Market
    12. Average B-2-B Philippines Electric Car Market price in all segments
    13. Latest trends in Philippines Electric Car Market, by every market segment
    14. The market size (both volume and value) of Philippines Electric Car Market in 2022-2027 and every year in between?
    15. Global production breakup of Philippines Electric Car Market, by suppliers and their OEM relationship
    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2022-2027
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2022-2027
    19 Market Segmentation, Dynamics and Forecast by Application, 2022-2027
    20 Market Segmentation, Dynamics and Forecast by End use, 2022-2027
    21 Product installation rate by OEM, 2022
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2022
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix




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