'DTI proposed the temporary removal of tariffs on EVs for a period of five years... the agency believes that the measure will help develop the local EV market and encourage consumers to consider shifting to EVs for a cleaner and greener transportation option,' Pascual said in a statement.'The temporary elimination of tariffs is seen to drive down the purchase of EVs, thereby generating increased demand and encouraging investments in EV charging stations,' he added.
Several stakeholders of the e-motorcycle and vehicle market saw this move as 'unjustified' as the majority of Filipinos use motorcycles, with at least eight million units registered with the Land Transportation Office.In January, Malacañang released Executive Order No. 12 series of 2023 which modified the tariff rates for certain EVs and its components to zero percent, with the exclusion of e-motorcycles which is still subject to 30 percent tariff rate.