Trade Secretary Alfredo Pascual expressed support for the temporary removal of import tariffs for electric vehicles for a period of five years.
According to Pascual, the DTI initially proposed the tariff removal with the aim of encouraging Filipinos to shift to electric vehicles as well as to bring down their prices.
"The temporary elimination of tariffs is seen to drive down the purchase of EVs, thereby generating increased demand and encouraging investments in EV charging stations," he added.
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