The 11th Philippine Electric Vehicle Summit (PEVS) had a much more lively atmosphere compared to the one in 2022. Held at the SMX Convention Center in Pasay City from October 19 to 21, 2023, the event had many more visitors who were curious about joining the “electric revolution.” Indeed, it felt more like a smaller version of the annual Manila International Auto Show. This is hardly surprising because the government has granted numerous incentives to EV buyers who want to veer away from ever-ri
VJ Bacungan 24.10.2023
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BYD Philippines didn't hold back at the 2023 Philippine Electric Vehicle Summit (PEVS) as the electric vehicle (EV) manufacturer held a quick preview of the BYD ATTO 3. The crossover is expected to make its official Philippine debut on November 2023, with pricing likely to be at the Php 2 million mark. The Chinese carmaker also announced a price drop for the Dolphin hatchback, Tang crossover and Han sedan. The move was made to help accelerate the adoption of EVs in the country by making them mor
Joey Deriquito 19.10.2023
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What splendid weather we’ve had this past week! Clear skies, no volcanic smog, and rain showers every once in a while to keep us from getting overheated. It feels like summer in the “-ber” months. Something else that was rather heated was your reception to our stories from the last week. Here are your favorite five from October 9 to 15, 2023, in this edition of the AutoFun Philippines Rearview Roundup. Go, go ATTO 3! Even though it has the name of a children’s cartoon character, the BYD ATTO 3 e
VJ Bacungan 15.10.2023
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Up to this point, electric vehicles in the Philippines have predominantly been second cars for the rich. For those who can afford them, EVs usually function as a non-fuel-consuming alternative for taking kids to school, buying groceries, and doing errands. Because of their prohibitive pricing, only a few can consider buying one. And because the affordable ones are either too small or are range-limited, and given our country’s sparse charging station infrastructure, only a few would consider buyi
Mikko David 13.10.2023
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The BYD ATTO 3 electric vehicle (EV) has been given a 5-star rating by the Green New Car Assessment Programme (NCAP). Unlike other NCAPs that focus on crash safety, the Green NCAP is an independent initiative promoting the development of clean and energy-efficient cars. The BYD EV was assessed in various test categories, such as low consumption and efficiency in cold and warm laboratory tests, highway cycle and on-road tests. In order to get a 5-star rating, the vehicle must get top scores in th
Joey Deriquito 10.10.2023
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BYD Philippines president Toti Zara announced that the BYD ATTO 3 crossover electric vehicle (EV) will be launched locally at the start of the Philippine EV Summit on Oct. 19, 2023. During a press conference attended by the Philippine motoring press at the Zhuhai International Circuit in Guangdong, China, Zara confirmed that the ATTO 3, one of the Chinese automaker's most popular global EV models, will officially become available. No SRP has been stated, but Zara mentioned that BYD Philippines i
Mikko David 09.10.2023
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What are the down payment, interest rate, and term for buying a BYD car by installment?

The down payment, interest rate, and loan term of car loans in the Philippines may vary depending on the bank and the type of vehicle. Generally, the down payment ratio ranges from 15% to 50%, the interest rate ranges from 5.54% to 30.3%, and the loan term options are from 12 to 60 months. If you want to buy a used car, you may encounter higher interest rates, and the sum of the car's age and the loan term cannot exceed 11 years.

How much down payment, interest rate, and term should I choose to buy a BYD car in the Philippines?

If you want to buy a BYD car in the Philippines, you can choose a 20% down payment, a 10% interest rate, and a 36-month term, which is a balanced and reasonable option.

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