NextGen Day

MANILA, Philippines — The Department of Trade and Industry (DTI) applauds the passage of Republic Act 11697, or the Electric Vehicle Industry Development Act (EVIDA), which establishes a national policy framework for the development of the Philippines’ electric vehicle industry.

President Rodrigo Duterte and lawmakers were thanked by DTI Secretary Ramon Lopez for passing this “extremely crucial” legislation.

“Through strong national policy support, the Philippines is now in a stronger position to further attract hi-tech investments and generate high-value employment by taking advantage of the ongoing worldwide move to EVs,” he said in a statement released Sunday.

Lopez also sees this as a step toward lowering the direct use of oil products in transportation, which means less air and noise pollution in cities.

This would also lessen the transportation sector’s direct reliance on oil, which will be beneficial to both businesses and consumers, he said.

EVIDA intends to encourage clean energy and sustainable transportation innovation while also creating a new industry in the country and creating more jobs.

It provides the government with clear policy instructions for raising EV awareness, streamlining laws, increasing local demand, which should encourage EV production, and developing a comprehensive EV charging infrastructure.

The law also calls for the creation of a Comprehensive Roadmap for the Electric Vehicle Industry (CREVI), which will serve as a national development plan for the EV industry, aimed at accelerating the development, commercialization, and use of electric vehicles.

EVIDA will also serve as a pattern for national government agencies to follow in terms of promoting electric vehicles to assure investor confidence and attract EV-related investments.

The Board of Investments (BOI) is mandated by law to develop an Electric Vehicle Incentive Strategy (EVIS), similar to the Comprehensive Automotive Resurgence Strategy Program (CARS Program), that will provide fiscal and non-fiscal incentives to close the production cost gap between EVs and traditional vehicles and meet local EV production targets by 2030.

Undersecretary of the DTI’s Competitiveness and Innovation Group Rafaelita Aldaba emphasized the importance of EVIDA for the Philippines in the face of increasing competition in Asean for EV manufacturing investments.

“The EVIS will enable the government to provide competitive and industry-specific fiscal and non-fiscal support to attract private sector investments in important EV segments, particularly manufacturing,” she explained.

The Department of Transportation’s top legislative agenda for the 18th Congress includes EVIDA. This, together with the passage of other DTI-supported economic laws, will bolster the Philippine government’s attempts to speed up industry recovery and boost the country’s national competitiveness.

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