Sales of electrified vehicles (xEVs) more than doubled in the first five months of the year to 24,356 units from 10,431 units in the same period last year, although growth in hybrid electric vehicles (HEVs) slowed as battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs) continued to gain ground, according to a joint report by the Chamber of Automotive Manufacturers of the Philippines (CAMPI) and the Truck Manufacturers Association (TMA).
CAMPI-TMA data showed that HEVs remained the dominant xEV category, contributing 15,299 units in January-May, up 79.3 percent from 8,534 units a year earlier. Despite the increase, the segment’s share of the total xEV market fell to 62.81 percent from 81.81 percent in the same period last year.
Meanwhile, sales of BEVs, or pure electric vehicles, surged 192.5 percent to 5,204 units from 1,779 units in the comparable period last year. As a result, their market share improved to 21.37 percent from 17.05 percent.
PHEVs posted the fastest growth among all xEV categories, with sales soaring 3,165.3 percent to 3,853 units from just 118 units a year ago. Their share of the xEV market likewise jumped to 15.82 percent from 1.13 percent.
For May alone, CAMPI-TMA members sold 6,027 xEV units, down 4.3 percent from 6,297 units in April.
Among the three xEV categories, HEVs were the only segment to register a month-on-month decline, with sales dropping 29.3 percent to 2,910 units from 4,114 units in April. Even so, HEVs remained the largest contributor to xEV sales, accounting for 48.28 percent of the market.
In contrast, BEV sales climbed 88.6 percent to 1,843 units in May from 977 units in April, raising their market share to 30.8 percent.
PHEV sales also increased, rising 5.6 percent to 1,274 units from 1,206 units a month earlier and capturing a 21.14 percent share of the xEV market.
Meanwhile, CAMPI and TMA reported a strong rebound in overall vehicle sales in May, with combined sales rising 23.8 percent to 33,532 units from 27,089 units in April.
Including sales from non-member automotive companies, total industry sales for the month were estimated at 35,200 units.
CAMPI and TMA noted that May has historically been a rebound month following a softer April market. CAMPI President Jose Maria Atienza said consumers’ continued focus on energy efficiency remains a key factor influencing vehicle purchase decisions.
On a year-to-date basis, however, CAMPI and TMA members sold a total of 167,324 units, down 12.1 percent from 190,429 units in the same period of 2025.
“We continue to observe expanding demand for various types of Electrified Vehicles (xEVs), with cumulative Jan – May sales already doubling vs. last year. xEVs now account for 18% of the total market, up by 9 points from the previous year. The accelerating growth trend is only held back by availability constraints resulting from the sudden surge in demand,” said CAMPI President Jose Maria Atienza.
Among CAMPI-TMA members, Toyota Motor Philippines Corp. (TMPC) leads May 2026 in terms of sales volume at 17,076 units sold. Mitsubishi Motors Philippines Corp. (MMPC) follows at 5,415. Rounding up the top 5 are Suzuki Philippines Inc. (SPI) with 1,441 units, Ford Motor Company, Phils. Ins. (FMCPI) with 1,260 units , and Isuzu Philippines Corp (IPC) with 930 units.
