The Department of Trade and Industry (DTI) is aiming for zero-tariff policy on imported electric vehicles (EV).

Under its proposal, the DTI wants the elimination of the 30-percent tariff rate to encourage more consumers to use battery electric vehicles as their preferred mode of transportation over vehicles powered by fuel products.

Electric-Vehicles-PH

The Philippines is invested in the use of electric vehicles. Last month, President Rodrigo Duterte allowed RA 11697 or the Electric Vehicle Act to lapse into law. It is a measure that regulates the EV industry in the country, including the development, commercialization, and utilization of EVs. It also aims to reduce dependence on fossil fuels.

The zero-tariff proposal is awaiting approval from Tariff Commission, after which President Duterte need only sign an executive order to make it official.

Presently, the 30-percent import duty applies to electric vehicles from most favored nations. EVs imported from ASEAN countries already have zero tariff rate.



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