Toyota PH cuts down prices of RAV4, Alphard

MANILA: Toyota Motor Philippines Corporation (TMP) has slashed the prices of the RAV4 and Alphard hybrid electric vehicles (HEV).

Similarly, TMP also adjusted the prices for Lexus hybrid models.

The said move — the local arm of the Japanese carmaker explained — was prompted by the newly-signed Executive Order Number 62 (S.2024), which exempts HEV and plug-in hybrid electric vehicles from import duty.

“TMP expresses its appreciation to the government for this step to promote more sustainable mobility options, which aligns with Toyota and Lexus’ multiple pathway approach to carbon neutrality,” the company wrote in a press release.

As of July 20, 2024, the price for the Toyota RAV4 ranges from P2.061 million-P2.356 million while the Alphard is priced from P4.665 million-P4.685 million.

All variants in both the Toyota RAV4 and Alphard range are equipped with a hybrid powertrain system. The former is fitted with a 2.5-liter hybrid engine paired with a continuously variable transmission (CVT) and makes some 215 horsepower (hp) with 221 Newton-meters (Nm) of torque.

The latter, on the other hand, uses a 2.4-liter hybrid mill mated to a CVT. The setup dishes some 246 hp with 250 Nm of pulling power.

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