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Gov’t eyes P60-billion EV incentives - BusinessWorld Online
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1 Articles
Gov’t eyes P60-billion EV incentives - BusinessWorld Online
By Beatriz Marie D. Cruz, Senior Reporter THE PHILIPPINE government is looking to earmark P60 billion to support the local manufacturing of electric vehicles (EVs), with the Department of Trade and Industry citing rising fuel costs and the need to reduce reliance on gasoline-powered vehicles. Based on recent consultations with prospective investors on the proposed Electric Vehicle Incentive Strategy (EVIS), a government program aimed at attracti…
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Total News Sources1
Leaning Left0Leaning Right0Center1Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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