#EV price Philippines

Francisco Motors has launched the Elektron, its first fully electric passenger vehicle, with prices starting at ₱1,947,000 and an estimated driving range of up to 600 kilometers. With Mastercard contactless payments now available on LRT-2, we're making everyday travel more seamless and secure, helping commuters save time and move through their journeys with greater confidence," said Jason Crasto, Mastercard’s Country Manager for the Philippines. Commuters can now access the 50% fare discount on MRT-3 using GCash, as part of the government’s push to ease transportation costs amid rising prices. Several ride-hailing and motorcycle taxi platforms in the Philippines have begun reducing their commission rates in response to rising fuel prices, following discussions in a congressional hearing. Lawmakers have pushed for more structured policies, suggesting mandatory commission reductions during periods of high fuel prices to better protect drivers’ earnings. The move comes as fuel prices continue to rise, putting pressure on transport workers who rely on daily trips for income. VinFast Philippines is rolling out a new program that allows ride-hailing drivers to rent electric vehicles (EVs) for as low as ₱1,000 per day, aiming to make EV adoption more accessible for the transport sector. Read more in our articles including "Francisco Motors enters EV Market with Elektron SUV" and "Mastercard contactless payments now accepted on LRT-2".