The e-Mobility ASAP Project, which will last until June 2027, will focus on deploying e-mobility infrastructure, mostly targeting locations with large transport flows.
Albay representative Joey Salceda said while the Electric Vehicle Industry Development Act (EVIDA) has driven a surge in electric car sales, it has excluded two-wheeled EVs from key fiscal incentives.
The company said it aims to show that consumers can drive their electric cars from Metro Manila to Baguio—without any worries, by using the EV charging stations of about 27 SM malls nationwide.
Over the next five years, Envirotech Vehicles (EVT) is investing $80 million into the country, and is expecting to generate 800 direct jobs toward the production of 4,000 electric vehicles per year.
The Department of Energy (DOE) said this is part of the government’s target to double EV fleet adoption to 10 percent from the initial target of 5 percent mandated under the Electric Vehicle Industry Development Act (EVIDA).
Children are already driving the electric vehicle (EV) revolution, despite not yet being able to get behind the wheel themselves, a new global survey has found.