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Incentives for investors in e-mobility industry eyed

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PRESIDENT Ferdinand Marcos Jr. on Tuesday said the government must provide incentives to attract more investors into the country's e-mobility industry.

PRESIDENT Ferdinand Marcos Jr. on Tuesday said the government must provide incentives to attract more investors into the country's e-mobility industry.Marcos pushed for enhanced initiatives to boost the e-mobility industry during a sectoral meeting with the officials of the Department of Science and Technology and concerned agencies in Malacañang to discuss how to develop and sustain industry through science, technology and innovation.'We need investors to come in.

Manufacturers and fabricators are also waiting for a government policy, Solidum said, stressing the e-mobility industry would create more jobs in maintenance, after-sales service, and other services.The Department of Trade and Industry is creating a strategic roadmap under the Electric Vehicle Industry Development to formulate policies and come up with possible incentives to support e-vehicles.

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