MANILA, Philippines - The Electric Vehicle Association of the Philippines (EVAP) has signed an agreement with its counterpart in Korea to help in the development of the local electric vehicle industry.
Under the partnership, EVAP president Rommel Juan said its Korean counterpart would help EVAP in building a prototype electric vehicle with Korean parts and components for Philippine use.
The Korean electric vehicle group will supply Korean-made electric vehicle parts and components such as motors, controllers, chargers, batteries and battery management systems to EVAP.
Through the agreement, Juan said the local market would have a bigger base of better and cheaper sources for its electric vehicle parts and components.
“We are very excited to work with our Korean counterparts headed by chairman Kim of the Global Electric Vehicle Network. His energy and passion inspires everyone to further our cause of promoting electric worldwide,” Juan said.
“We see a lot of potential with some possible collaborations and joint ventures with our Korean counterparts as they are now leading in the electric vehicle battery technology and have numerous electric vehicle products to offer,” EVAP vice president Edmond Araga added.
EVAP sent a delegation to the recently-concluded International Electric Vehicle Expo held at the Jeju Island in Korea.
EVAP is currently preparing for the first ever ASEAN Electric and Hybrid Vehicles Summit slated in June at the World Trade Center in Pasay City.
The event, which is being co-organized with the Board of Investments and the Manila Electric Co., aims to promote the use of electric and hybrid vehicles in the region.
EVAP member companies are set to feature the latest electric vehicles and technologies in the country as well as hybrid vehicles from the local automotive manufacturers and assemblers.