TOYOTA MOTOR Philippines Corp. (TMP) reported a 45% increase in electrified vehicle (EV) sales in the first eleven months of 2025, which it plans to boost furtherTOYOTA MOTOR Philippines Corp. (TMP) reported a 45% increase in electrified vehicle (EV) sales in the first eleven months of 2025, which it plans to boost further

Toyota PHL sees 45% jump in EV sales in Jan.-Nov.

TOYOTA MOTOR Philippines Corp. (TMP) reported a 45% increase in electrified vehicle (EV) sales in the first eleven months of 2025, which it plans to boost further through new EV launches.

Data from the company showed that combined EV sales of Toyota and Lexus models reached 16,986 units in January-November, up from 11,745 units in the same period last year.

Toyota accounted for most of the sales at 15,455 units, while Lexus contributed 1,531 units.

“With the ATIV hybrid EV lowering the barrier to EV ownership and the bZ4X joining the market along with Lexus battery EV models, TMP is strengthening its multi-pathway strategy to support the country’s transition toward cleaner and more sustainable mobility,” the company said.

TMP recently launched the ATIV hybrid EV and its first battery EV model in the Philippines, the bZ4X.

“The expansion of the electric lineup from Lexus to Toyota vehicle models signals TMP’s continued push to broaden specification options in line with the company’s ‘Beyond Zero’ sustainability vision,” it added.

The move aligns with Toyota Motor Asia’s target of achieving a 30% EV share of new vehicle sales in Southeast Asia by 2030.

“This broader strategy also reflects the growing need to address the environmental impact of the country’s transport sector,” TMP said, noting that the automotive sector remains a major contributor to greenhouse gases.

“TMP fully supports the Philippine government’s carbon reduction goals, which aim to reduce greenhouse gas emissions by 75% by 2030,” said Masando Hashimoto, president of TMP.

“Today, Philippine customers can choose from four vehicle types — gasoline, diesel, hybrid electric, and battery electric — to be their mobility partner, according to their lifestyle and location,” he added.

According to the company, hybrid EV technology remains the most viable and accessible option in the Philippine landscape.

“Their self-charging capability, fuel efficiency, and reliability make them effective for conditions where charging infrastructure is limited,” TMP said.

The company expects the launch of the ATIV hybrid EV to widen access to hybrid mobility, as it is the most affordable option in its current electrified lineup. — Justine Irish D. Tabile

Market Opportunity
PHILCOIN Logo
PHILCOIN Price(PHL)
$0.02171
$0.02171$0.02171
-14.79%
USD
PHILCOIN (PHL) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Bitcoin Perpetual Open Interest Rises to 310,000 BTC as Price Hits $90,000

Bitcoin Perpetual Open Interest Rises to 310,000 BTC as Price Hits $90,000

Perpetual futures open interest for Bitcoin increased from 304,000 BTC to 310,000 BTC on Monday as the cryptocurrency's price briefly touched $90,000, signaling renewed interest in leveraged long positions ahead of year-end trading according to blockchain analytics firm Glassnode. This 2% increase in open interest accompanying price appreciation suggests fresh capital entering leveraged positions rather than mere price-driven expansion, potentially contradicting earlier narratives about muted year-end activity while raising questions about whether building leverage creates vulnerability for the exact Q1 2026 crash scenarios that Anthony Pompliano suggested Bitcoin might avoid.
Share
MEXC NEWS2025/12/24 15:46
Fed Decides On Interest Rates Today—Here’s What To Watch For

Fed Decides On Interest Rates Today—Here’s What To Watch For

The post Fed Decides On Interest Rates Today—Here’s What To Watch For appeared on BitcoinEthereumNews.com. Topline The Federal Reserve on Wednesday will conclude a two-day policymaking meeting and release a decision on whether to lower interest rates—following months of pressure and criticism from President Donald Trump—and potentially signal whether additional cuts are on the way. President Donald Trump has urged the central bank to “CUT INTEREST RATES, NOW, AND BIGGER” than they might plan to. Getty Images Key Facts The central bank is poised to cut interest rates by at least a quarter-point, down from the 4.25% to 4.5% range where they have been held since December to between 4% and 4.25%, as Wall Street has placed 100% odds of a rate cut, according to CME’s FedWatch, with higher odds (94%) on a quarter-point cut than a half-point (6%) reduction. Fed governors Christopher Waller and Michelle Bowman, both Trump appointees, voted in July for a quarter-point reduction to rates, and they may dissent again in favor of a large cut alongside Stephen Miran, Trump’s Council of Economic Advisers’ chair, who was sworn in at the meeting’s start on Tuesday. It’s unclear whether other policymakers, including Kansas City Fed President Jeffrey Schmid and St. Louis Fed President Alberto Musalem, will favor larger cuts or opt for no reduction. Fed Chair Jerome Powell said in his Jackson Hole, Wyoming, address last month the central bank would likely consider a looser monetary policy, noting the “shifting balance of risks” on the U.S. economy “may warrant adjusting our policy stance.” David Mericle, an economist for Goldman Sachs, wrote in a note the “key question” for the Fed’s meeting is whether policymakers signal “this is likely the first in a series of consecutive cuts” as the central bank is anticipated to “acknowledge the softening in the labor market,” though they may not “nod to an October cut.” Mericle said he…
Share
BitcoinEthereumNews2025/09/18 00:23
Palmer Luckey Raises $350M for Erebor Digital Bank at $4.3B Valuation

Palmer Luckey Raises $350M for Erebor Digital Bank at $4.3B Valuation

Palmer Luckey has raised $350 million for Erebor, valuing the digital bank at approximately $4.3 billion as it moves toward launch with FDIC approval, according to Axios. The Oculus founder and defense tech entrepreneur's entry into fintech represents remarkable valuation for pre-launch bank and raises questions about whether investors are backing genuinely innovative banking model or simply betting on Luckey's track record of building billion-dollar companies, while the timing amid regional banking stress and cryptocurrency integration ambitions creates both opportunity and scrutiny.
Share
MEXC NEWS2025/12/24 15:42