SM Prime to add 50 EV charging stations by year-end

SM Prime Holdings, Inc. plans to install 50 additional electric vehicle (EV) charging stations by the end of 2025, focusing on residential communities and leisure estates.

The company currently operates 131 EV charging stations in malls and office properties nationwide.

SM Prime President Jeffrey C. Lim emphasized the importance of sustainability in the company's long-term strategy, aiming to make green practices practical and accessible for Filipinos.

As a Department of Energy (DOE)-accredited EVCS Provider-Operator, SM Prime ensures compliance with national standards and safety protocols.

The DOE aims to have 25 percent of passenger vehicles be EVs by 2030 and 50 percent by 2040, with plans to deploy sufficient charging stations nationwide between 2023 and 2040.

During Holy Week, SM Supermalls offered free EV charging in 69 of its malls.

The DOE reported that there are currently 900 EV charging stations nationwide as of April 2025.

AC Mobility is expanding its EV charging network in Makati, and the Asian Development Bank (ADB) is providing a $100 million loan to Ayala Corporation for further EV charging infrastructure development.

The Electric Vehicle Association of the Philippines noted that there were fewer than 10,000 EVs in the country in 2022.

The DOE aims to increase EVs to 25 percent of the passenger vehicle market by 2030 and 50 percent by 2040, with plans to deploy sufficient charging stations nationwide between 2023 and 2040.