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Reported on March 11, 2024, the Philippines’ Trade Secretary revealed that the Department of Trade and Industry (DTI) believed the inclusion of hybrid cars under Executive Order (EO) No. 12 would go against the policy’s original purpose of promoting and expanding the use of pure EVs in the Philippines.
EO 12, issued
Announced on February 21, 2024, the Department of Trade and Industry (DTI) Secretary recognized the significant role of robust public and private partnerships in driving the Philippines’ automotive industry during the ceremonial turnover of Toyota Motor Philippines Corporation’s (TMP) presidency on February 20.
With
Reported on February 14, 2024, the House Bill 9573 has been filed in the Philippines’ House of Representatives, aiming to amend Executive Order (EO) 12 issued in 2022 which modifies the tariff rates for certain electric mobilities and their parts/components to push green transportation use locally.
Under EO 12, elect
Reported on January 31, 2024, the Philippines’ Department of Finance (DOF) is pushing for only one kind of pickup truck, namely the single-cab chassis, to remain tax-exempt as it is really the one used for agriculture, while insisting on the removal of special excise treatment on all other types.
This would make all
Reported on December 25, 2023, the Philippine Economic Zone Authority (PEZA) revealed that at least 4 foreign electric mobility providers are interested in launching facilities in the Philippines. The initial ones coming are into electric motorbikes due to lesser regulations. PEZA believed that once the supply chain
Reported on November 5, 2023, Korean Chamber of Commerce Philippines (KCCP) revealed that a proposed government incentives for EV sector are expected to attract Korean EV manufacturers.
According to the Department of Trade and Industry (DTI), the Philippines’ government is considering plan to incentivize the manufact
Reported on October 23, 2023, the Philippines’ Trade Undersecretary for Innovation and Competitiveness Group, during the 11th Philippine EV Summit (PEVS) 2023, mentioned that the government is considering the plan to develop electric mobility-dedicated zones and robust transport facilities for both manufacturing and