Tag page - electric vehicle incentive strategy (EVIS)

The Department of Trade and Industry (DTI) is seeing surge of interest from global automotive manufacturers looking to tap into the government’s forthcoming incentive program aimed at establishing the country as a regional hub for electric vehicle (EV) production. Trade Undersecretary and Board...

Japanese automotive giant Mitsubishi Motors Corp. (MMC) plans to begin manufacturing hybrid electric vehicles (HEVs) in the Philippines under the government’s EV industry incentive program, a move seen as helping build the country’s resilience against future oil shocks. MMC, through its local...

The Department of Trade and Industry (DTI) is now awaiting the approval of the Fiscal Incentives Review Board (FIRB) for the government’s new incentives program for domestic electric vehicle (EV) manufacturing, which is poised to attract ₱120 billion in capital investments. In a statement, DTI...