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.
The Board of Investments (BOI) has recently approved the application of CHRG Electric Vehicle Technologies Inc. as a new domestic producer of electric vehicles (EV) fast chargers and retrofit kits.
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.
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.
In line with the government?s push to create an EV ecosystem in the Philippines, Mitsubishi Motors PH donated a quick-charging facility to DTI to complement their two Mitsubishi EVs, the I-Miev and the Outlander.
