Aldaba also shared the government’s key priorities in developing the electric vehicle industry: electric vehicle assembly; automotive electronics and other parts manufacturing; electronic vehicle battery charging, energy storage systems, and recycling; and engineering service outsourcing.
Based on data, the share of imported vehicles to total market sales spiked to 70 percent in 2020 from 49 percent in 2008. Despite this, the country has been “active in manufacturing parts and components, particularly in electric components, wiring, electrical, electronics, and chassis systems.” From 2010 to 2020, over 12,000 electric vehicles have been registered to the Land Transportation Office, most of which are e-tricycles.
Further, internal projections showed that 6.6 million electric vehicles would be on local roads by 2030, half of which are sought to be manufactured in the country.
Kuryente nga sa mga bahay nagkukulang e dadagdagan niyo pa ng sasakyan?!
And tax benefits for buyers of hybrid cars. The Prius is awesome but it’s quite pricey.
mglazaro