The Department of Trade and Industry (DTI), in partnership with the United Nations Industrial Development Organization (UNIDO) recently signed a partnership to deploy electric vehicles in key 5 cities in the Philippines from 2022 to 2027. This is part of the DTI-UNIDO E-Mobility project costing USD 3.8 million.
The 5 cities that have signed up are Baguio City, Clark Freeport and Subic Freeport in Luzon region and Davao City and General Santos City in Mindanao region. UNIDO will be providing assistance in the form of technical support to both national and local government units in crafting e-vehicle policies and ecosystems.
The Electric Vehicle Industry Development Act (EVIDA) was just enacted in April 2022 to pave the way for the development of the local EV industry through incentives for both investors and users as well as support the development of an infrastructure network for EVs in the country. While the Implementing Rules and Regulations (IRR) is soon to be released by the Department of Energy (DoE) and other relevant government agencies, the DTI is asked to spearhead the creation of the Electric Vehicle Incentive Strategy (EVIS) which will be released early 2023 and will outline fiscal and non-fiscal incentives to encourage local EV production by both local and foreign players. The DTI is proposing about PHP 83 billion (USD 1.43 billion) in fiscal support for EVIS.
(Source: ZigWheels PH, Manila Times)
