Philippines' Marcos opens first EV battery plant
Manila (AFP) Sept 30, 2024
President Ferdinand Marcos inaugurated on Monday the first factory for electric vehicle batteries in the Philippines, calling it the "future" of clean energy. The Australian-owned lithium-iron-phosphate factory aims to produce two gigawatt-hours of batteries per year by 2030, powering about 18,000 electric vehicles or nearly half a million home battery systems. "We have worked very hard
President Ferdinand Marcos inaugurated on Monday the first factory for electric vehicle batteries in the Philippines, calling it the "future" of clean energy. The Australian-owned lithium-iron-phosphate factory aims to produce two gigawatt-hours of batteries per year by 2030, powering about 18,000 electric vehicles or nearly half a million home battery systems. "We have worked very hard