Trade Secretary Alfredo Pascual is supporting calls for the temporary removal of electric vehicles import tariffs for five years. | FArgosinoINQ
He added that the agency believes that the temporary removal of EV import tariffs will help boost the local market of EVs and encourage consumers to consider shifting to using them for a greener transportation option.
But Pascual said such a proposal is opposed by the Electric Vehicle Association of the Philippines and the Motorcycle Development Program Participants Association , which requested the exclusion of e-jeepneys, e-tricycles, and e-motorcycles in the tariff modification coverage.
On November 24, 2022, the National Economic Development Authority Board approved the Executive Order that will implement tariff modification on certain EVs and their parts and components.“Under Section 2 of EO No. 12, the tariff measure or cuts, including its coverage, shall be subject to review after one year from the implementation of the order,” Pascual said.He explained that the NEDA submitted the review findings to the Office of the President and will be reviewed on February 21 next year.
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