Filipinos are the least interested in a hybrid or electric vehicle for their next automobile purchase compared to consumers in Southeast Asia due to lack of charging infrastructure, findings of the Deloitte 2023 Global Automotive Consumer Study.
The study said 72 percent of Filipinos said they would like a gas or diesel engine or an internal combustion engine (ICE) when asked of their preferred engine on their next automobile purchase.
While this is the highest proportion in the region, it represents a 10 percent drop in Filipino respondents interested in ICE compared to last year.
The report showed Interest in electric vehicles (EVs) — either hybrid or full EV — is highest among Singaporeans, with 62 percent saying they would prefer an EV for their next vehicle, followed by Thais at 60 percent.
The study was conducted between September and October 2022, on over 26,000 consumers in 24 geographies. In the Philippines 1,008 were surveyed.
Across all six Southeast Asian countries surveyed, lower fuel costs was identified as the number one reason respondents would choose an EV.
For Filipinos, this reason was followed by better driving experience and less maintenance.
Except in Singapore, “lack of public EV charging infrastructure” was the most commonly cited concern regarding battery-powered EVs. – Irma Isip
