President Ferdinand Marcos Jr. said the government is ramping up the shift to electric vehicles (EVs) as part of its clean energy program, with incentives aimed at making EVs more affordable and boosting local manufacturing.
During his fifth State of the Nation Address, Marcos Jr. said tariffs on electric vehicles will remain suspended until 2028 to help bring down prices, while government agencies have been directed to prioritize EVs when replacing their vehicle fleets.
“Consistent with our clean energy drive, we have encouraged the adoption of electric vehicles. We have removed all tariffs on EVs until 2028 to bring down market prices, and the government has also been mandated to prioritize electric vehicles in their refleeting plans,” the President said.
Marcos Jr. said the program is also expected to create more opportunities for local industries involved in vehicle assembly, battery production and spare parts manufacturing.
“It shall also spur growth of our domestic local industries across the EV value chain,” he added.
The President said the administration is aiming for half of all vehicles in the country to be electric by 2040.
“Mithiin natin na sa pagdating ng 2040, kalahati ng mga sasakyan ay EV na.”
Marcos Jr. noted that electric buses are already being introduced for public transport, including the Love Bus and articulated buses for Davao City. He also cited the electric ferry M/B Dalaray, developed by UP and the DOST, which is expected to be used for the Pasig River Ferry Service.
The President called on the transport sector to support the government’s modernization program.
“Titiyakin natin na magiging makatao, magaan, at makatarungan ang pagpapatupad nito.”IMT
