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Local e-motorcycle assembly to start in June, stakeholders advocate for tax incentives

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Stakeholders in the electric vehicle industry are once again urging the government to provide more incentives as they welcome news that the local assembly of electric motorcycles will begin mass production in June 2023.

As stakeholders enthusiastically received the news of the upcoming local mass production of electric motorcycles, they also expressed hope that two- and three-wheelers would be included in the EV import tariff break before the scheduled review of Executive Order No. 12 in early 2023.In a related development, prominent figures from the EV industry welcomed the report and called for the inclusion of e-motorbikes in the import tax break provided under EO 12.

Dindo Manhit, President of Stratbase ADR Institute, stated that a review of the EO is necessary as the current version is deemed “unfair” because it excludes electric motorcycles.

 

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DTI: E-vehicle stakeholders want more incentives from gov’t as local production to start in JuneThe Department of Trade and Industry (DTI) said Monday that stakeholders of the electric vehicle industry have called on the national government to provide more incentives for the local production of electric motorcycles.
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