5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
No Result
View All Result
Home Stock

DoE, Mitsubishi Motors team up to boost use of plug-in hybrid EVs

by
February 6, 2024
in Stock
0
DoE, Mitsubishi Motors team up to boost use of plug-in hybrid EVs

THE Department of Energy (DoE) has partnered with Mitsubishi Motors Philippines Corp. (MMPC) to promote the use of plug-in hybrid electric vehicles (PHEVs), aiming to bolster clean transportation initiatives in the country.

The Energy department recently signed a memorandum of agreement with MMPC, the Philippine unit of Japanese car manufacturer Mitsubishi Motors Corp., to lend out a PHEV unit, it said in a social media post on Tuesday.

PHEVs are “hybrid electric vehicles with a rechargeable energy storage system that can be charged from an external electric energy source, the department said.

Energy Secretary Raphael P.M. Lotilla has encouraged MMPC to “continuously support the clean transport system through extending their innovation to EV charging stations and other EV infrastructure.”

This also includes assistance for the development of soft skills on the new technologies.

Under the Comprehensive Roadmap for the Electric Vehicle Industry, the DoE aims to raise the rollout of EVs in the Philippines to 10%, or beyond the 5% mandated under the Republic Act No. 11697 or the Electric Vehicle Industry Development Act.

By 2028, the DoE wants to roll out approximately 2.45 million EVs comprising of cars, tricycles, motorcycles, and buses and installation of 65,000 EV charging stations nationwide.

As of January, Mr. Lotilla said there were 194 battery EVs, 19 plug-in hybrid EVs, 30 hybrid EVs, and 32 light EVs registered, while 96 commercial EV charging stations had been deployed as of December last year. — Sheldeen Joy Talavera

Previous Post

Practical solutions to the education crisis

Next Post

Candace Bushnell tells true tales of Sex and the City on UK tour

Next Post
Candace Bushnell tells true tales of Sex and the City on UK tour

Candace Bushnell tells true tales of Sex and the City on UK tour

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.







    Fill Out & Get More Relevant News





    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.
    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recommended

    Hived raises $42m to roll out electric delivery fleet across southern England

    Hived raises $42m to roll out electric delivery fleet across southern England

    July 5, 2025
    Tesla sees UK sales rebound in June as EV market accelerates

    Tesla sees UK sales rebound in June as EV market accelerates

    July 5, 2025
    ‘Invest in Women’ fund criticised for slow rollout as MPs call for bolder action

    ‘Invest in Women’ fund criticised for slow rollout as MPs call for bolder action

    July 5, 2025
    “A turning point for education”: James Caan launches bold education reform plan in House of Lords

    “A turning point for education”: James Caan launches bold education reform plan in House of Lords

    July 5, 2025

    Disclaimer: 5GInvestmentNews.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 5GInvestmentNews. All Rights Reserved.

    No Result
    View All Result
    • Home
    • Privacy Policy
    • suspicious engagement
    • Terms & Conditions
    • Thank you

    © 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.