Toyota endorses 2nd ELV dismantling facility for insured vehicles
Standard Insurance-owned establishment can process 850 vehicles yearly
MANILA: Toyota Motor Philippines (TMP) officially endorsed Standard Insurance Company’s End-of-Life Vehicle (ELV) dismantling facility in Naic, Cavite.
KEY TAKEAWAYS
How many vehicles can the Standard Insurance ELV dismantling facility process?
The establishment has an average of processing 850 units annually.Where is the facility located?
The facility is in Naic, Cavite.In a statement, the company shared that the establishment is the second model in the Philippines included in the “Toyota Global 100 Dismantlers Project.” It is also the fifth of such in the Southeast Asian region.
Photo from Toyota Motor PhilippinesTo note, the Toyota Global 100 Dismantlers Project is a wide-reaching initiative that aims to build proper ELV dismantling operations in strategic locations around the world.
Through this system, Toyota wants to address key environmental challenges like pollution and resource depletion by promoting responsible disposal and recycling practices — minimizing environmental impact by safely managing hazardous materials and maximizing resource recovery for reintroduction in the manufacturing cycle.
Photo from Toyota Motor PhilippinesThe Standard Insurance ELV dismantling structure spans approximately 8,840 square meters. It primarily handles vehicles insured under its portfolio and has an average of processing 850 vehicles annually.
“We are very grateful to Standard Insurance for its voluntary resolve, making Toyota customers also feel assured with a proper place for ELVs to go,” TMP president Masando Hashimoto was quoted as saying.
Photo from Toyota Motor Philippines“Our collective efforts are a clear testament to our long-term commitment to carbon neutrality and ‘Establishing a Recycling-based Society and Systems’ under the global Toyota Environmental Challenge 2050,” he added.
Photo from Toyota Motor PhilippinesA TMP partner since 2021 in the “Toyota Insure” program since 2021, Standard Insurance followed En Tsumugi ELV Dismantler Corporation, which was the first vehicle dismantling facility in Mexico, Pampanga endorsed by Toyota in September 2024.
Also read:
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