- The Philippine automotive market is transitioning to electrification, with the recent Philippine International Motor Show showcasing over 150 vehicles, half of which featured electrified powertrains.
- Tesla and VinFast highlighted new business models, like rental structures for electric vehicles, catering to developing economies and emphasizing affordability.
- Chinese manufacturers introduced budget-friendly EVs, such as the Chery Q EV and Geely EX2, signaling a shift towards accessible electrification in the Southeast Asian market.
