Local EV firms cheer proposed tariff cuts

The local industry association of electric vehicle firms welcomed the latest move by the government to temporarily remove the taxes for imported electric vehicles (EVs), one of the major steps cited previously by the group toward mainstreaming these more environment-friendly vehicles.

Electric Vehicle Association of the Philippines (EVAP) president Edmund Araga told the Inquirer on Friday that the group’s members were thankful that the executive order has been endorsed by the National Economic and Development Board for signing by President Marcos, adding that it gives the local EV industry a “very optimistic” outlook for the coming years.

“This is a great opportunity for the in…

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