Under EO12, different types of EVs have received tax breaks with the exclusion of electric motorcycles which are still subject to 30 percent import duty.
According to Statista Research Department, the power production in the Philippines is still dominated by coal at 47.6 percent, followed by other fossils at 18 percent, and gas at 10.7 percent, which totals 76.3 percent. “We can accelerate the renewable energy transition by ending policies that allow fossil fuel companies to pass the higher costs of imported coal on to the consumers and create an enabling environment for more renewable energy producers,” Castro said.
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