VinFast Philippines joined forces with the country’s industry thought leaders, policymakers, and business owners to examine the state of EV adoption and its impact on Philippine businesses.
Powered by VinFast, the recently concluded “Charging Ahead: The Future of Battery Electric Mobility” is a B2B EV symposium designed to foster meaningful dialogue on policy, innovation, and the evolving role of electrification in moving Philippine businesses forward.
The symposium, held at Gallio Events Hall in Parañaque on February 11, 2026, brought together stakeholders from government, energy, and the automotive sectors to discuss the current state of EV adoption, the barriers slowing wider uptake, and the practical steps needed to make electrification viable for business fleets. Rather than centering the discussion on a single model, VinFast also used the forum to highlight how its growing EV lineup is being applied across different business use cases, underscoring a portfolio-led approach to accelerating EV adoption among Philippine enterprises.
State of EV Adoption and the Barriers Ahead
The symposium opened with an overview of the Philippine EV landscape presented by Andresito Ulgado, Officer-in-Charge of the Electric Vehicle Industry Management Division of the Department of Energy (DOE), who outlined both the progress made and the structural reforms now shaping the country’s transition to electric mobility.
Data presented during the session showed that while EV penetration remains at an early stage compared to more developed markets, local adoption is gaining momentum. EV registrations in the Philippines reached 24,286 units in FY2024, and more recently 41,857 units from January to September 2025, within a base of 14.6 million total motor vehicle registrations. As of early 2026, the country has 1,351 charging points nationwide, alongside a growing number of accredited charging service providers and DOE-recognized EV models—figures that point to both progress and significant headroom for growth.
Despite the upward trend in adoption, the discussion revealed several barriers that continue to slow wider EV uptake, including infrastructure gaps, higher upfront costs, energy price concerns, and questions around battery life, resale value, and consumer perception, adding that scaling adoption, particularly for fleets, will depend on how quickly infrastructure, policy, and industry execution move in step.
On the policy front, the panel said the Electric Vehicle Industry Development Act (EVIDA) is built around three goals: reducing reliance on imported fuel, offering a practical transport option, and supporting cleaner, more efficient energy. While the Philippines is still catching up in the global EV transition, clearer policy direction and stronger private sector participation are helping move the market forward. The government is also rolling out concrete measures under EVIDA and the country’s long-term roadmap, including fleet mandates and requirements for EV parking slots and charging stations, as it works to scale up EV adoption and charging infrastructure toward 2030 and beyond.
Industry Solutions: Lowering the Barriers to Entry
VinFast and V-Green led the discussion on industry solutions to address long-standing barriers to EV adoption in the Philippines.
From an industry standpoint, VinFast highlighted how the brand’s recently introduced battery subscription policy can help address one of the most cited barriers to EV adoption: high upfront costs. By separating battery ownership from vehicle purchase, the model is designed to make operating expenses more predictable and lower the initial investment required for fleet electrification. This is an approach intended to make the business case for EVs easier to evaluate and adopt.
Charging infrastructure was also identified as a critical enabler of wider adoption. V-Green emphasized that the expansion of reliable charging networks is key to giving businesses greater confidence in daily operations, particularly in terms of uptime, route planning, and operational continuity. The company added that accelerating EV adoption will depend not on a single solution, but on deeper ecosystem collaboration and stronger execution across industry players.
Addressing the gap between policy ambition and real-world uptake, the panel highlighted that the biggest shift needed is moving from intention to actual use. Operators only fully appreciate the benefits once they experience EV operations firsthand, pointing to lower maintenance requirements, reduced long-term costs, and less dependence on frequent fuel purchases. Markets have sustained EV adoption because users see these practical advantages in daily operations, underscoring that long-term viability is driven by performance on the ground, not just targets on paper.
B2B Applications Take Center Stage Across VinFast’s EV Lineup
Building on these discussions, VinFast highlighted how its EV portfolio is now being deployed across different business use cases, positioning its lineup as a set of practical, fleet-ready solutions to support wider EV adoption among Philippine enterprises.
The company pointed to the VF e34 as a proven workhorse for commercial operations, noting its growing use in taxi and ride-hailing fleets and its role in supporting high-utilization, revenue-generating transport services.
VinFast also shared that the VF5, now approved by the Land Transportation Franchising and Regulatory Board (LTFRB), is emerging as a more affordable alternative for operators looking to transition from internal combustion vehicles to electric fleets, broadening access to EVs for small and mid-sized mobility providers.
The VF3, meanwhile, has begun finding its way into B2B applications beyond transport, particularly in the telecommunications sector, demonstrating how compact EVs can support service and utility operations that require efficient, low-cost urban mobility.
Completing the lineup, VinFast previewed its seven-seater MPV, the Limo Green, which is designed specifically with fleet operations in mind and positioned to serve corporate mobility programs, employee shuttle services, hotel and tourism transport groups, airport transfers, and government fleets seeking to modernize their transport systems.
Taken together, VinFast said this expanding product portfolio reflects a deliberate strategy to match different EV models to different business needs—moving beyond early adoption toward broader, use-case-driven electrification of Philippine business fleets.
What EV Adoption Means for Fleet Businesses
The symposium also discussed the business impact of electrification in the context of operational performance, cost management, and long-term competitiveness. Panelists cited how fleet electrification can deliver measurable gains in efficiency, particularly for high-mileage commercial operations, while also strengthening companies’ sustainability profiles and resilience against fuel price volatility.
Examples from logistics, delivery, and mobility services were used to illustrate how early adopters are now seeing efficiency gains and operational benefits, reinforcing the view that EV adoption is increasingly a strategic business decision rather than a purely environmental one.
Toward a Connected EV Ecosystem
The first-ever VinFast-sponsored B2B EV symposium emphasized the importance of a coordinated ecosystem—spanning policy, financing, vehicles, batteries, and charging infrastructure—to support the Philippines’ shift to electric mobility at scale. The participating experts and industry leaders agreed that progress depends not on a single solution, but on the alignment of public and private sector efforts.
For VinFast, the discussion underscored an ecosystem-based approach to supporting fleet businesses, working alongside partners across government, finance, and infrastructure to help accelerate the move toward more efficient, resilient, and sustainable transport operations.
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About VinFast
VinFast (NASDAQ: VFS), a subsidiary of Vingroup JSC, one of Vietnam’s largest conglomerates, is a pure-play electric vehicle (“EV”) manufacturer with the mission of making EVs accessible to everyone. VinFast’s product lineup today includes a wide range of electric SUVs, e-scooters, and e-buses.
VinFast is currently embarking on its next growth phase through rapid expansion of its distribution and dealership network globally and increasing its manufacturing capacities with a focus on key markets across North America, Europe, the Middle East and Asia.