Philippines Electric Truck Market

Philippines Electric Truck Market Overview:

The Philippines electric truck market size reached USD 3.84 Million in 2024. Looking forward, the market is projected to reach USD 36.68 Million by 2033, exhibiting a growth rate (CAGR) of 25.33% during 2025-2033. The market benefits from green port initiatives and electrified inter-island supply chains that encourage zero-emission truck use. Domestic assembly incentives, battery recycling programs, and local supply chain development reduce costs and create employment, strengthening the manufacturing base. Urban emission policies combined with corporate fleet transitions produce concentrated deployments that act as scalable models, further augmenting the Philippines electric truck market share.

Philippines Electric Truck Market Trends:

Green Port Logistics and Inter-Island Supply Chains

The Philippines’ archipelagic nature creates a logistics environment where goods move continuously between ports and urban centers. As part of its sustainable transport agenda, the Department of Transportation and several port authorities are implementing electrified cargo handling systems and encouraging zero-emission trucks for last-mile and short-haul transfers from docks to warehouses. Solar-assisted charging hubs in major port cities are being developed to provide reliable power to heavy vehicles and reduce dependence on imported diesel. This infrastructure encourages logistics operators to introduce electric trucks for containerized and cold-chain deliveries, aligning with environmental targets set by port operators. Inter-island shipping companies have also started linking electric truck services with roll-on/roll-off vessels to streamline door-to-door freight. For instance, in May 2025, Hariphil Asia Resources (Hyundai Trucks & Buses Philippines) launched the Mighty Electric light-duty truck and County Electric people mover, adding DC fast charging and ~260–303 km claimed ranges to its local CV lineup. At the same event, HARI introduced the locally assembled HARI Cab light-duty diesel truck, positioning it as a bridge for fleets not yet ready to shift fully to EVs. By creating a network of incentives, infrastructure, and operational pilots, the country is transforming how goods move between islands, and these changes are increasingly underpinning Philippines electric truck market growth.

Urban Emission Policies and Corporate Fleet Transformation

Metro Manila, Cebu, and Davao have begun implementing stricter emission standards, differentiated tolling, and low-emission zones to combat worsening air pollution and traffic congestion, and focusing on EVs. For example, in April 2025, Foton Philippines showcased a full lineup of electric commercial vehicles at its “EV Forward” event in Clark, including the Thunder EV pickup, Harabas EV mini truck, Tornado EV light-duty truck, Transvan EV, Traveller Sierra EV (303 km range), Aumark EV medium-duty truck, and EST Tractor Head EV. The launch, backed by the Clark Development Corporation and DOE officials, highlights growing public–private collaboration to expand EV adoption and charging infrastructure, positioning Foton as a key player in the Philippines’ commercial EV transition. Retailers, e-commerce companies, and logistics providers seeking to enhance their ESG credentials are responding by shifting their urban delivery fleets to electric trucks. Government agencies provide data-sharing platforms and digital permitting to simplify fleet deployment in restricted areas, reducing administrative burdens and downtime for operators. These urban measures combine with corporate sustainability targets to create concentrated electric truck fleets that act as proofs of concept for wider deployment. The result is a steady expansion of zero-emission trucks not only in major cities but also in peri-urban areas that support industrial parks, export-processing zones, and new residential developments. Such urban-focused policies transform early adoption from niche pilots into commercially viable operations for large-scale distribution networks.

Philippines Electric Truck Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2025-2033. Our report has categorized the market based on vehicle type, propulsion, range, and application.

Vehicle Type Insights:

• Light-duty Truck
• Medium-duty Truck
• Heavy-duty Truck

The report has provided a detailed breakup and analysis of the market based on the vehicle type. This includes light-duty truck, medium-duty truck, and heavy-duty truck.

Propulsion Insights:

• Battery Electric Truck
• Hybrid Electric Truck
• Plug-in Hybrid Electric Truck
• Fuel Cell Electric Truck

The report has provided a detailed breakup and analysis of the market based on the propulsion. This includes battery electric truck, hybrid electric truck, plug-in hybrid electric truck, and fuel cell electric truck.

Range Insights:

• 0-150 Miles
• 151-300 Miles
• Above 300 Miles

The report has provided a detailed breakup and analysis of the market based on the range. This includes 0-150 miles, 151-300 miles, and above 300 miles.

Application Insights:

• Logistics
• Municipal
• Construction
• Mining
• Others

The report has provided a detailed breakup and analysis of the market based on the application. This includes logistics, municipal, construction, mining, and others.

Regional Insights:

• Luzon
• Visayas
• Mindanao

The report has also provided a comprehensive analysis of all major regional markets. This includes Luzon, Visayas, and Mindanao.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Philippines Electric Truck Market News:

• In February 2025, Mober launched the Philippines’ first fully electric tractor head truck with an 18-ton payload, 220 km range, and 2-hour fast charging. The move strengthens its plan to scale to 500 EVs by year-end, backed by in-house battery and transport management systems to boost efficiency and sustainability.
• In October 2024, FUSO Philippines previewed the Next Generation eCanter electric truck at an exclusive event in Manila, marking its first showcase in the country. The fully electric truck, with a range of up to 200 km and an 8.55-ton capacity, is aimed at logistics and urban delivery businesses seeking eco-friendly solutions. Though not yet commercially available, FUSO is gathering feedback as it prepares for potential entry into the Philippine electric truck market.

Philippines Electric Truck Market Report Coverage:

Key Questions Answered in This Report:

• How has the Philippines electric truck market performed so far and how will it perform in the coming years?
• What is the breakup of the Philippines electric truck market on the basis of vehicle type?
• What is the breakup of the Philippines electric truck market on the basis of propulsion?
• What is the breakup of the Philippines electric truck market on the basis of range?
• What is the breakup of the Philippines electric truck market on the basis of application?
• What is the breakup of the Philippines electric truck market on the basis of region?
• What are the various stages in the value chain of the Philippines electric truck market? 
• What are the key driving factors and challenges in the Philippines electric truck market?
• What is the structure of the Philippines electric truck market and who are the key players?
• What is the degree of competition in the Philippines electric truck market? 

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Philippines electric truck market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Philippines electric truck market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Philippines electric truck industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.