Stakeholders press for urgency of EV industry incentives as local assembly of e-motorcycles starts June 2023 | BMPlus

MANILA – Stakeholders of the EV industry are pushing anew for the grant of more incentives from the government as they welcome reports that the local assembly of electric motorcycles will start its mass production this coming June 2023.

The report said that Filipino-owned firm Integrated Micro-Electronics has signed a cooperation agreement with American company Zero Motorcycles for the assembly here of e-motorbikes and sub-assemblies of batteries and motors. In a related development, several prominent figures from the EV industry also greeted the report with optimism and also called for the inclusion of e-motorbikes in the import tax break provided for under EO 12.

Furthermore, Stratbase ADR Institute President Dindo Manhit said that the review of EO is needed as its current version is ‘unfair.’

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