The future of electric vehicle

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The use of electricity instead of fuel to power up vehicles is generally viewed to be a cleaner technology. MBOpinions READ:

While climate change is, sadly, irreversible, the birth of electric vehicles gave birth as well to a deeper understanding and appreciation of how cleaner power sources to fuel transportation, land travel in particular, can help in reducing the threat of global warming. The use of electricity instead of fuel to power up vehicles is generally viewed to be a cleaner technology. Carbon dioxide produced by burning fossil fuels remains at the top of factors that contribute to climate change.

The production of electric vehicles is a stable industry in more affluent countries as Europe, the United States, China and Japan. In Southeast Asia, electric powered vehicles are widely accepted in Singapore and Thailand. In the Philippines, Indonesia and Malaysia, however, fossil fuelled vehicles remain preferred over rechargeable EVs.

The Department of Energy estimates a growth both in numbers and in support for the use of EVs. Some 2.45 million electric vehicles are expected to be on the road by the end of President Bongbong Marcos’ term in 2028, alongside the establishment of 65,000 charging stations across the nation.

The stability and sustainability of the EV industry in the Philippines, we have yet to determine, but we remain with high hopes. Of course, creating awareness and generating support for this novel technology is equally important. If our goal is to end our age-old dependence on petroleum products to fuels and steer the Philippine economic engine, then there is much hope in the EV option.

 

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