Why high fuel costs could accelerate the Philippines’ EV boom

When Filipino motoring journalist James Deakin recently posted a photo of his fuel receipt – more than 4,000 pesos (US67) after topping up on nearly 39 litres – his message to followers was blunt: “I’m seriously looking at an EV [or] hybrid now. What’s your breaking point?” He is far from alone. As the Philippines grapples with a national energy emergency triggered by the war in Iran, record pump prices are forcing consumers to rethink their transport methods, and Vietnamese electric vehicle...