EV stakeholders worry over EO 12 mandatory review

📆 13.03.2024 21:46:00
📰 gmanews

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Worry mounts over stakeholders in the electric vehicle (EV) industry as the Tariff Commission (TC) has yet to initiate communication on the public hearings for the mandatory review of Executive Order (EO) No.12.

Worry is mounting over stakeholders in the electric vehicle industry as the Tariff Commission has yet to initiate communication on the public hearings for the mandatory review of Executive Order No. 12.Issued in January 2023, EO No. 12 — orders a review of the lower tariff rates for EVs and their components. Its mandatory review started on Feb. 21.

Electric Kick Scooter Philippines co-founder Tim Vargas likewise said that NEDA has yet to reach out to his group. He said they filed a position paper to the agency regarding their proposed amendments for EO12 but have yet to receive a formal reply.

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