Philippines proposes sevenfold budget increase to P228.92 million for EV infrastructure in 2027
By Eve
The Philippine Department of Budget and Management has proposed P228.92 million ($3.71 million) for the Electric Vehicle Industry Development Program in 2027, up from P32.46 million ($526,000) in 2026. The increase responds to growing electrified vehicle sales, which reached 66,685 units from January to August, representing 24.7 percent of total vehicle sales, though only 16,320 were battery electric vehicles requiring charging infrastructure. The funding will target charging facilities at government offices and address infrastructure gaps.
Why it matters
The sevenfold budget increase signals a major public procurement opportunity for charging infrastructure suppliers as the Philippine government moves to install facilities at government sites. The distinction between 16,320 battery electric vehicles and the broader 66,685 electrified vehicle count clarifies the actual addressable market for charging point operators in the near term.
Source
- Original title
- “Philippines Boosts EV Infrastructure Budget as Charging Network Faces Expansion Test”
- Published
- 29 September 2026
- Updated
- 30 September 2026
In this story
- Topic
- EV Charging
- Place
- Philippines
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