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The Tariff Commission has announced the conduct of public hearing on the temporary removal of the most-favored-nation (MFN) rates on certain imported electric vehicles, and parts and components. This is in line with the passage of the Electric Vehicle Industry Development Act (EVIDA), which seeks t
The Department of Trade and Industry (DTI) welcomes the enactment of Republic Act 11697, otherwise known as the Electric Vehicle Industry Development Act
MANILA - The Department of Trade and Industry (DTI) welcomes the enactment of Republic Act 11697, otherwise known as the Electric Vehicle Industry Development Act (EVIDA), which provides for a national policy framework to develop the electric vehicle industry in the Philippines. DTI Secretary Ramon Lopez expressed his gratitude to President Rodrigo Duterte and the lawmakers for the passage of this "very significant" legislation. "With EVIDA, the Philippines is now in a stronger position to further attract hi-tech investments and create high-value jobs in the country by taking ad...
The Department of Trade and Industry expects to attract more hi-tech investments given the recent enactment of a law promoting the development of the electric vehicle industry.
THE enactment of the Electric Vehicle Industry Development Act (Evida) will help the Philippines attract more high-tech investments, according to Trade Secretary Ramon M. Lopez. “With Evida, the Philippines is now in a stronger position to further attract hi-tech investments and create high-value jobs in the country by taking advantage…