Friday, April 25, 2025

EVAP dangles Philippines’ abundant nickel, cobalt to EV battery manufacturers

The Electric Vehicle Association of the Philippines (EVAP) dangled the country’s abundant nickel and cobalt, major materials in battery production, to entice EV battery manufacturers to invest here and as production hub in Southeast Asia.

Amid growing demand for green motor vehicles in Southeast Asia, EVAP said global battery manufacturers should consider the Philippines as a prime destination for investments citing the country’s strategic advantages in raw materials, infrastructure, and regulatory support.

“With the rapid adoption of electric vehicles in Southeast Asia, the demand for EV batteries is surging. The Philippines is in a strong position to become a key player in the global battery supply chain,” said Edmund Araga, President of EVAP.

The Philippines boasts abundant reserves of nickel and cobalt—two critical components in battery production. This rich resource base, combined with the government’s commitment to green energy initiatives and supportive policies for foreign investment, makes the country an ideal hub for battery manufacturing.

“We have the resources, the talent, and the strategic location to serve not just the local market, but also the broader Southeast Asian region,” Araga added.

In addition to its natural resources, the Philippines offers government-backed facilities for research and development, as well as a pool of qualified experts who ensure that plant operations and safety standards meet global benchmarks. This regulatory capability is essential for the seamless approval and operation of battery manufacturing facilities.

“Our government is continuously enhancing its capacity to support large-scale projects through research facilities and well-trained personnel who can efficiently evaluate and approve plant operations, environmental standards, and safety protocols,” Araga highlighted. “This ensures that investors will have a clear and reliable path to setting up and expanding their operations in the Philippines.”

EVAP highlights that investing in the Philippines provides companies with competitive advantages, including proximity to raw materials, access to skilled labor, growing market demand, and a supportive regulatory environment.

“Our call is clear: The Philippines is ready. We are open for business and eager to welcome global partners who share our vision for a sustainable, electrified future,” Araga emphasized. “Together, we can drive the future of mobility in Southeast Asia and beyond.”

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