DOE reiterates support for e-motorcycles inclusion in import tax breaks

  • 📰 gmanews
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 68%

United States United States Headlines News

United States United States Latest News,United States United States Headlines

The Department of Energy (DOE) has backed calls for the inclusion of electric motorcycles in import tax breaks.

The Department of Energy has backed calls for the inclusion of electric motorcycles in import tax breaks. During a public hearing on the review of Executive Order No. 12, DOE Science Research Specialist Andre Reyes supported the stakeholders’ appeal to include e-motorcycles on electric vehicles with lowered tariff rates, citing its possible effect in reducing the country’s carbon emissions.

Using e-motorcycles is also more efficient, as they only cost P0.34 and save 1.72 liters of fuel per kilometer compared to their ICE counterpart, which burns P1.20 per kilometer.The Energy Department also wants to increase the country's EV fleet by 50%, or an additional 2.4 million units.On March 13, the Tariff Commission of the National Economic and Development Authority started its public hearings on the mandatory review of EO 12.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 11. in US

United States United States Latest News, United States United States Headlines

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

Yellow alerts in Luzon grid possibleMANILA, Philippines: The Department of Energy (DoE) said Sunday the Luzon grid could suffer a slight power shortage beginning next month that could trigger yellow alerts.
Source: TheManilaTimes - 🏆 2. / 92 Read more »

DOE: Seismic survey in East Palawan Basin to begin this monthThe Department of Energy (DOE) on Monday said the 3D seismic survey of one of its Petroleum Service Contractors located in the East Palawan Basin is scheduled to commence this month.
Source: gmanews - 🏆 11. / 68 Read more »

Landmark ruling: Supreme Court validates Presidential authority in oil industry emergenciesTHE Supreme Court (SC) has declared that the Department of Energy (DOE) may take over oil industry operations in times of emergency upon the directive of the President.
Source: BusinessMirror - 🏆 19. / 59 Read more »

DOE reiterates support for e-motorcycles inclusion in import tax breaksThe Department of Energy (DOE) has backed calls for the inclusion of electric motorcycles in import tax breaks.
Source: gmanews - 🏆 11. / 68 Read more »

Tax incentives for e-motorcycles to boost shift to EVsMANILA, Philippines: Granting tax incentives to e-motorcycles would result in the reduction of carbon emissions, the Department of Energy (DoE) said on Monday.
Source: TheManilaTimes - 🏆 2. / 92 Read more »