The event underscored TMP's dedication to bolstering the country’s automotive manufacturing industry, advancing sustainable mobility, and supporting economic growth.
The President expressed gratitude for Toyota’s continued investments in the Philippines, including a P5.5-billion commitment for the production of the Next Generation Tamaraw, also known regionally as the Toyota Innovative International Multi-Purpose Vehicle (IMV) 0.
This investment will cover vehicle production, parts localization, and a new in-house conversion capability, enabling TMP to address diverse mobility needs, especially for Micro, Small, and Medium Enterprises (MSMEs) in the Philippines.
The palace event featured prototype conversion units of the Tamaraw, showcasing its adaptability and potential to serve as the "national car" for various applications, including ambulances and delivery vans.
TMP committed to donating five Tamaraw units to the government in 2025, including ambulances for the “Lab For All” health program led by First Lady Louise Araneta-Marcos.
Reinforcing Toyota’s global “Beyond Zero” initiative, TMP introduced its multi-pathway approach to decarbonization, unveiling the Corolla Cross H2 concept with a Hydrogen Internal Combustion Engine developed by Toyota GAZOO Racing.
This aligns with the Philippines' Electric Vehicle Industry Development Act and Toyota’s support for diversified energy resources in the transition to a low-carbon economy.
Toyota Asia Region CEO Masahiko Maeda highlighted Toyota’s tailored approach, offering various powertrain technologies suitable to the country’s energy strategy.
TMP’s efforts encompass a broad commitment to sustainable mobility, from vehicle life-cycle decarbonization to the integration of data solutions for CO2 reduction.
