The Department of Trade and Industry (DTI) said the enactment of RA 11697 or the Electric Vehicle Industry Development Act (EVIDA), which provides for a national policy framework to develop the electric vehicle industry in the Philippines, will boost tech investments in the country.
The Philippines can now look forward to transitioning to sustainable transportation after RA 11697 otherwise known as the Electric Vehicle Industry Development Act lapsed into law, Sen. Sherwin Gatchalian said on Thursday, April 28.
The Department of Science and Technology (DOST) has declared that it will prioritize the establishment of an ecosystem of e-mobility solutions for the country's transportation sector since fuel prices have skyrocketed anew.
Nissan will introduce 23 new electrified models, including 15 new EVs by fiscal year 2030 aiming for an electrification mix of more than 50% globally across the Nissan and INFINITI brands.
Based on internal projections, Department of Trade and Industry (DTI) undersecretary Rafaelita Aldaba said that by 2030, there would be 6.6 million EVs on local roads, half of which are targeted to be manufactured locally.
Although it closed down recently its manufacturing plant in Sta. Rosa, Laguna which assembles the Almera model, Japanese carmaker Nissan is already committed in bringing the e-vehicle Nissan Leaf in the country this year.
The year 2021 will see electric vehicle (EV) transition from niche to mainstream with the introduction of low-cost EV models that satisfy the typical mileage requirements at an acceptable price point.
The advent of Tesla broke “the logjam” that had held since the failure of Thomas Edison’s electric car to gain traction a century earlier and major automakers are hastening to catch up and deploy their own electric vehicles.
Nissan Philippines made the announcement as the three-day Philippine Electric Vehicle Virtual Summit (PEVVS) organized by the Electric Vehicle Association of the Philippines (EVAP) gets underway.
