Senator Sherwin Gatchalian said that the newly-imposed tax breaks for certain types of electric vehicles will help Filipinos adapt to the usage of EVs and help reduce carbon emissions. Know more:
MANILA– Senator Sherwin Gatchalian said that the newly-imposed tax breaks for certain types of electric vehicles will help Filipinos adapt to the usage of EVs and help reduce carbon emissions.
Under EO12, several types of EVs have received tariff reductions and removal from the previous rates ranging from five to 30 percent. Stratbase President Prof. Dindo Manhit said that the EO should be modified as workers and students use motorcycles to commute to work while four-wheeled vehicles are often only afforded by higher-income individuals.
Various types of renewable energy generation like wind, solar, bioenergy, hydro, and other renewables share at 23.7 percent of the country’s total power source.
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