The Bank of the Philippines (BPI) has recorded an overall 145% growth in its Auto Loan E-Vehicle Financing Program. Based on data from the full year of 2025, BPI saw an astounding 219% increase in financing for electric vehicles, while a substantial 136% was marked for hybrids.
The program was tailored for buyers seeking a brand-new EV, offering flexible terms up to 60 months and a simple loan application process. BPI will be continuing this initiative as it believes the interest in EVs has not slowed down.
“More Filipinos today are becoming mindful of both their financial and environmental
impact when choosing a vehicle,” said BPI head of retail lending and bancassurance, Dex Cuajotor.
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He continued, “Through BPI’s E-Vehicle Financing, we aim to support customers who want to shift to hybrid or electric vehicles by making ownership more accessible and manageable, while helping them enjoy the long-term savings and sustainability benefits these vehicles offer.”
To further support car buyers making the shift to electrified vehicles, BPI has installed charging stations at several of its nationwide locations. You can find the full list below.
