Currently, the transport sector is the biggest contributor to the country's total energy consumption at 35 percent, 88 percent of which is for road transport.
To encourage the manufacture, importation, and use of carbon-reducing vehicles, Sen. Francis "Kiko" Pangilinan has proposed to exempt electric and hybrid vehicles from taxes and duties for the next several years.
DTI secretary Ramon Lopez cited the tariff modification of EV products under the Asean Free Trade Agreement, as well as the target date for the full EV utilization and registration in the Philippines.
