Press release
Philippines Electric Truck Market Projected to Reach USD 36.68 Million During 2025-2033
The Philippines electric truck market was valued at USD 3.84 Million in 2024 and is projected to reach USD 36.68 Million by 2033, exhibiting a growth rate (CAGR) of 25.33% during 2025-2033. The market's expansion is driven by green port initiatives and electrified inter-island supply chains promoting zero-emission trucks. Incentives for domestic assembly, battery recycling, and local supply chain development further reduce costs and bolster manufacturing. Urban emission regulations and corporate fleet electrification serve as catalysts to increase the adoption of electric trucks across the country.
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How AI is Reshaping the Future of Philippines Electric Truck Market:
• AI-powered smart charging infrastructure optimizes electric truck energy use, supported by solar-assisted charging hubs in major port cities.
• Government incentives and digital permitting streamline electric fleet deployment, reducing administrative bottlenecks and downtime.
• Advanced AI-based battery management systems enhance vehicle efficiency and sustainability, as demonstrated by Mober's in-house transport management.
• AI-enabled logistics and route planning improve the integration of electric trucks with inter-island roll-on/roll-off vessels for seamless door-to-door freight.
• Big data analytics assist in urban emission policy enforcement, enabling targeted low-emission zones and differentiated tolling in cities like Metro Manila and Cebu.
• AI-driven corporate fleet transformation supports retailers and e-commerce businesses in shifting to electric delivery vehicles, boosting ESG credentials.
Market Growth Factors
The Philippines electric truck market growth is strongly supported by green port logistics and electrified inter-island supply chains. The country's archipelagic geography necessitates continuous movement between ports and urban centers, where the Department of Transportation and port authorities have embraced electrified cargo handling and zero-emission trucks for last-mile deliveries. The development of solar-assisted heavy vehicle charging hubs at port cities reduces reliance on imported diesel fuel, while logistics operators integrate electric trucks for containerized and cold-chain deliveries aligned with port environmental goals. This infrastructure and operational pilot network is revolutionizing goods movement across islands, elevating market demand.
Urban emission policies in key metro areas, including Metro Manila, Cebu, and Davao, are creating a favorable environment for electric truck adoption. These regions have introduced stricter emission standards, low-emission zones, and differentiated tolling to curb pollution and traffic congestion. Major manufacturers like Foton Philippines, supported by government bodies such as Clark Development Corporation and DOE officials, are launching full electric commercial vehicle lineups. This public-private collaboration promotes expanding EV adoption and charging networks, enabling fleet operators and logistics providers to meet sustainability targets by integrating electric commercial vehicles within urban and peri-urban areas.
Domestic manufacturing and assembly incentives, coupled with battery recycling initiatives, are further decreasing the total cost of ownership for electric trucks in the Philippines. The nurturing of local supply chains empowers cost reduction and employment growth, thereby strengthening the manufacturing base. Companies such as Hariphil Asia Resources and HARI are introducing locally assembled models that act as transitional options for fleets, enabling gradual shifts to electric vehicles. These government-backed programs and industry efforts collectively improve the manufacturing ecosystem and bolster market expansion.
Browse the full report with TOC and list of figures: https://www.imarcgroup.com/philippines-electric-truck-market
Market Segmentation
The Philippines Electric Truck Market is segmented as follows:
Vehicle Type Insights:
• Light-duty Truck
• Medium-duty Truck
• Heavy-duty Truck
Propulsion Insights:
• Battery Electric Truck
• Hybrid Electric Truck
• Plug-in Hybrid Electric Truck
• Fuel Cell Electric Truck
Range Insights:
• 0-150 Miles
• 151-300 Miles
• Above 300 Miles
Application Insights:
• Logistics
• Municipal
• Construction
• Mining
• Others
Regional Insights:
• Luzon
• Visayas
• Mindanao
Key Players
• Hariphil Asia Resources (Hyundai Trucks & Buses Philippines)
• HARI
• Foton Philippines
• Mober
• FUSO Philippines
Recent Development & News
• February 2025: Mober launched the Philippines' first fully electric tractor head truck featuring an 18-ton payload, 220 km range, and 2-hour fast charging. Their initiative aims to scale operations to 500 EVs by year-end, supported by proprietary battery and transport management systems to enhance efficiency and sustainability.
• April 2025: Foton Philippines, with backing from Clark Development Corporation and DOE officials, showcased an extensive lineup of electric commercial vehicles in Clark, including pickups, mini trucks, medium-duty trucks, and tractor heads, marking a significant public-private partnership to accelerate EV adoption and charging infrastructure development.
• May 2025: Hariphil Asia Resources introduced the Mighty Electric light-duty truck and County Electric people mover, boasting DC fast charging capabilities and claimed ranges of approximately 260-303 km. This event reinforced electric truck integration with roll-on/roll-off inter-island shipping, indicating evolving logistics and operational efficiencies.
Note: If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
Speak to an analyst for a customized report sample: https://www.imarcgroup.com/request?type=report&id=42413&flag=C
Contact Us
IMARC Group,
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Email: sales@imarcgroup.com,
Tel No: (D) +91 120 433 0800,
United States: +1-201-971-6302
About Us
IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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