From October 19 to October 21, 2023, WEICHAI NEW ENERGY COMMERCIAL VEHICLE made its debut at the First Philippine Electric Vehicle Summit. This Summit was held at the Manila International Convention and Exhibition Center, and led by the Philippine government, with the aim of promoting the development of new energy vehicle industry in the Philippines.

The electric vehicles show a global trend, with a bright prospect

With the promotion of change from oil into electricity in Southeast Asian countries such as the Philippines, the electric vehicle industry has a broad prospect and brings a more diversified business environment. This Philippine Electric Vehicle Exhibition is themed on "Strengthening Partnership to Promote Electrification of Public and Private Transportation" to drive the growth and demand for public and private electric vehicles through public-private cooperation.

In the public sector, the Ministry of Transport's Public Utility Vehicle (PUV) modernization plan is fully underway, and the rapid launch of the project not only accelerates the construction of low-carbon urban transportation system in the Philippines, but also creates a favorable environment for global commercialization. WEICHAI New Energy has embarked on a new journey of business expansion in the Philippines.

The product makes its debut at international exhibition and receives high praise

At this summit, the Philippine distributor Autokid participated in this exhibition on behalf of WEICHAI NEW ENERGY COMMERCIAL VEHICLE and displayed four pure electric products. The atmosphere of the scene was hot, and the products received high attention, especially the new platform LE7 model. It is equipped with a golden powertrain in the pure electric field, and possesses excellent appearance and interior design, and industry-leading advantages such as long endurance, fast charging, and intelligence, causing a great response in the industry, and receiving unanimous praise from on-site audiences and professionals. It has become a highlight of this summit.

Autokid is a well-known automotive distributor in the Philippines, with which the overseas Southeast Asian business manager completed channel development and conducted first cooperation in March 2023. At present, the two sides are conducting good cooperation. The new energy business is a key development area of Autokid, and it attaches great importance to Weichai New Energy's products, and will promote them as a key business in the market in the future.

Expand international cooperation and join hands to create value

The two sides have signed a strategic cooperation agreement to conduct comprehensive cooperation in the field of new energy to provide complete services to market end customers, including charging piles, charging station construction, after-sales service, and financial services. The distributor is striving to get 100 new energy orders this year, and has promised to sell 300 new energy products by 2024. The two sides will join hands to create greater wealth value and bring users green, environmentally friendly, and reliable "smart" new products.