DTI, Unido to mount $3.8-M project to aid EV deployment in key cities - BusinessMirror

THE Department of Trade and Industry , in partnership with the United Nations Industrial Development Organization , will launch a $3.8-million e-mobility project, which they said would enable the Philippines to deploy electric vehicles to lead cities.

“The mayors of these different cities have already signified their commitment to be our partners in implementing this particular project,” said Aldaba. She stressed the importance of the Electric Vehicle Industry Development Act , adding that the Trade department aims to build or implement another program similar to the Comprehensive Automotive Resurgence Strategy program, which is the Electric Vehicle Incentive Strategy .

Another objective of the incentive strategy for electric vehicles is to set local production targets to be achieved within eight years from the promulgation of the EV incentive strategy.

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