BPI xEV loans grow 145% in 2025

MANILA: The Bank of the Philippine Islands (BPI)’s auto loan portfolio for electrified vehicles (xEV) grew more than doubled in 2025.

In a statement, the financial institution recorded a 145-percent increase in e-vehicle financing for the full 12 months of the previous year, reflecting “the increasing shift of Filipino motorists toward more fuel-efficient and environmentally responsible transportation options.”

BPI noted that the growth was driven by a 219-percent increase in financing for battery electric vehicles and a 136-percent rise in hybrid vehicle financing.

Through this, the company continues to make sustainable mobility more accessible through its Auto Loan E-Vehicle Financing program.

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“More Filipinos today are becoming mindful of both their financial and environmental impact when choosing a vehicle,” BPI Head of Retail Lending and Bancassurance Dex Cuajotor said.

“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,” he explained.

What is BPI Auto Loan e-Vehicle Financing?

The BPI’s Auto Loan E-Vehicle Financing offers a loan application process to hybrid or electric vehicle buyers where they can take advantage of payment terms of up to 60 months (five years).

Aside from that, the program allows motorists to enjoy the long-term benefits of electrified vehicles such as savings on fuel and maintenance.

Other initiatives

Additionally, BPI has also equipped charging facilities on select branches around the country “to support customers who have transitioned to electric mobility.”  These include:

Region	Location
Metro Manila	Magallanes South BF Parañaque Commonwealth C3-A Mabini Grace Park 11th Avenue
Visayas	Bacolod–Capitol Subdivision Cebu-Capitol Cebu-Jones Cebu-North Reclamation Iloilo–Solis Iloilo-General Luna Highway Negros-Kabankalan Silay
Mindanao	Cagayan de Oro–Lapasan Cagayan de Oro–Main Cagayan de Oro–Cogon Davao-Main

Also read:

BPI enjoys 37% growth in loan releases

BPI Loans Marketplace offers auto loan terms of up to 84 months

BPI's 'Best Deal Fest' offers promos on auto, housing loans

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