Philippines proposes higher 2027 budget for electric vehicle program
The Philippine government is proposing a more than sevenfold increase in funding for its electric vehicle program in 2027. The move is intended to help support faster EV sales growth by expanding charging infrastructure.
The Philippine Department of Budget and Management has proposed P228.92 million for the country’s electric vehicle program in 2027, according to the source. The amount is described as more than seven times higher than current funding.
The proposal comes as electric vehicle sales accelerate in the Philippines. The budget increase is aimed at helping the country build the charging infrastructure needed to support that growth.
The source says the charging network is facing an expansion test as adoption rises. No further details on the funding breakdown were provided in the input.