SEA countries in a race to incentivize EV industry | BMPlus

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Non-government Organization and climate advocate ‘Clean Air Asia’ pushed for a policy-oriented method to help elevate the air quality in the Asia Pacific as the Philippines’ air quality does not meet the standards of the WHO. Know more:

MANILA – Non-government Organization and climate advocate ‘Clean Air Asia’ pushed for a policy-oriented method to help elevate the air quality in the Asia Pacific as the Philippines’ air quality does not meet the standards of the World Health Organization .

“This process we believe should be participatory, inclusive, and highlights the co-benefits of actions so that we are able to engage and enlist support from all actors in the space,” she added. In Laos, the government imposed a zero-percent tariff for the importation of EVs, which also has an excise tax of only three percent, a value-added tax of seven percent lower, and vowed to not impose restrictions on EVs.

Different types of EVs were also given tax breaks and removal for the first five years under Executive Order No. 12 series of 2023, with the exception of electric motorcycles, which drew the ire of several groups and think tanks.

 

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