Toyota, Lexus cut prices of hybrid EVs

By Janine Alexis Miguel

Jul 24, 2024 12:30 am

TOYOTA Motor Philippines (TMP) has slashed the prices of its plug-in hybrid electric vehicles (HEVs) following the implementation of Executive Order 62 that revised the country's tariff schedules.

In a public advisory, the automaker said that suggested retail prices (SRPs) for the Toyota RAV4, Alphard and Lexus HEVs were reduced effective last July 20, 2024.

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