MANILA, Philippines — The Department of Trade and Industry (DTI) remains open to incentives for electric motorcycle and tricycle manufacturers but is currently prioritizing four-wheelers to prevent investment redundancy. This follows the Electric Vehicle Association of the Philippines (EVAP) criticism of the Electric Vehicle Incentive Strategy (Evis), the P60-billion incentive scheme currently focused on manufacturers that would produce four-wheeled electric vehicles (EVs) in the Philippines. READ: Exclusion of motorcycles, trikes from P60-B incentive for EVs questioned Explaining the DTI’s rationale for focusing on four-wheeled EVs, Trade Undersecretary Ceferino Rodolfo said the agency considered the existing local manufacturing base for electric motorcycles and […]...

Keep on reading: DTI defends exclusion of e-motorcycles from EV incentives