MDPPA urges the gov’t: Incentivize local production of EVs | BMPlus

THE Motorcycle Development Program Participants Association called on the government to incentivize the production of motorcycles to balance the playing field with the anticipated grant of tax breaks for electric vehicles.

“What we strive to achieve is a level playing field, between domestic production of ICE [internal combustion engine] motorcycles, and the tariff-exempted importation of EV, while our country is in the process of electrification,” MDPPA said in a statement. The National Economic Development Agency said that the inclusion of e-motorcycle in the list of EVs with tax breaks will be up for deliberation by February 2024.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Group calls on gov't to incentivize production of electric vehiclesThe Motorcycle Development Program Participants Association (MDPPA) urged the Philippine government to incentivize the production of electric vehicles, including electric motorcycles.
Source: gmanews - 🏆 11. / 68 Read more »

Group calls on gov't to incentivize production of electric vehiclesThe Motorcycle Development Program Participants Association (MDPPA) urged the Philippine government to incentivize the production of electric vehicles, including electric motorcycles.
Source: gmanews - 🏆 11. / 68 Read more »