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February 15th, 2011 12:17 AM #11
TMPI might drop the price down to Php1.5M if incentives are given. Still, it's a lot of cash. I think this is the reason why they will introduce a hybrid Yaris this year (and maybe a plug-in version later) to make hybrids more affordable.
2 explore electric vehicle manufacture
Two companies are exploring the possibility of manufacturing electric vehicles in the Philippines, according to Efren Leano, executive director of the Board of Investments (BOI).
The BOI is currently crafting a special program that will give superior incentives to this type of motor vehicle assembly.
In an interview, Leano said Undersecretary Cristino Panlilio recently met with officials of a Chinese firm while a US company is looking for Filipino partners for a similar venture.
He declined to name both companies.
Leano said the Chinese company is one of that country’s biggest assemblers of electric cars, buses, bicycles and scooters.
It is also China’s biggest producer of batteries for cars and cellular phones.
Leano said the company will also invest in the manufacture of parts for electric vehicles.
The venture will not only cater to the local market but also export to countries closer to the Philippines than China.
To support the domestic market for electric vehicles, the Chinese firm will also put up charging stations.
In China, the company produces buses that carry solar panels to recharge batteries.
Leano said the firm sought clarification from government on what incentives government can offer.
Right now, incentives granted to assemblers include a preferential rate of 1 percent for imported completely knocked-down parts.
"We are thinking of a special program for electric vehicles, hybrids and special-fuel fired vehicles. The incentives should be better than those given to the manufacture of gas-fed vehicles," Leano said.
The idea, he said, is to bring down the cost of these vehicles and make the use of vehicles run with alternative energy more appealing to consumers.
According to Leano, Toyota Motor Philippines Corp. in a recent hearing said the price of its hybrid, Prius, could drop to P1.5 million from P2.2 million if incentives are granted.Last edited by anonemus; February 15th, 2011 at 12:21 AM.
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February 15th, 2011 12:19 AM #12
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February 15th, 2011 12:24 AM #13
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February 15th, 2011 12:36 AM #14
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February 15th, 2011 01:19 AM #15
^ that's an option, but very expensive and we have to upgrade our country's safety standards first. but at least it's cleaner than fossil fuel.
BTW, for those not inclined to buy a China-made electric car, there is an incoming 2012 BMW Edrive 1 Series, 100% EV, 160kms range:
[ame="http://www.youtube.com/watch?v=JUYu2BPmTrg"]YouTube - â–º 2012 BMW 1 Series Edrive - Trailer[/ame]
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February 15th, 2011 01:29 AM #16
Not really much of an option for those in the Philippines given that a BMW 1 series car is still priced over P2M. An electric version of that would probably cost at least 50% more.
What we would need is an electric car with at least 150km range (or 100km with electric A/C running), sized at least of a typical corolla or civic, made by a trusted brand (example: Hyundai or Toyota) and with a selling price of under P1.3M inclusive of the residential recharger module.
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February 15th, 2011 01:37 AM #17
^ Ah, you just described the Nissan LEAF (US$35K less US$5-7,5K gov't subsidy in other markets, so roughly Php1.3M).
The car comes with a plug that we can use straight away to our 220V outlet. Takes 8 hours to fully charge.
Last edited by anonemus; February 15th, 2011 at 01:41 AM.
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February 15th, 2011 04:31 PM #18
To those who support electric vehicles I will just refer you to James May and tell you why I prefer Honda's solution... 8 hours to charge, oh please...
http://www.youtube.com/watch?v=ffRagsjSpkE
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February 15th, 2011 04:40 PM #19
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February 15th, 2011 05:17 PM #20Umm, I read GM calls the Volt an "Extended Range EV" not a hybrid.
A Hybrid is a vehicle that alternately uses a gas engine and electric motor to drive the wheels.
A Plug-in Hybrid is similar to a Hybrid car but the user can charge the vehicle off a normal power outlet or at charging stations.
The Volt directly uses the electric motors to drive its wheels not the gas engine so technically its an Electric Vehicle, it just uses the gas engine to regenerate power for the batteries, unlike in hybrids like the prius/insight the gas engine is still the primary power train...
suzuki #2... kahit malayo... heh heh.
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