NextGen Day

Instead of competing with its Asean neighbors, the Philippines should identify a niche market in the production of electric vehicles, an industry participant suggested.

Since Indonesia and Thailand are already producing the small car category, according to AC Motors President Antonio Zara, the nation may concentrate on assembling electric commercial vehicles.

“Let’s carve out our own niche, I say. To cover the needs of the Philippines and perhaps export to Thailand and Indonesia, let’s first determine what these markets are producing or what they will be generating. But let’s not fight each other head-on,” Zara recently told reporters.

Zara argued that if the Philippines wants to compete with its Southeast Asian rivals, the government’s plan to reduce customs for imported e-vehicles to zero for a limited period of three to five years is “a little and it’s too late.”

Zara also demanded that the Republic Act 11697, generally known as the Electric Industry Development Act (EVIDA) or the EV law, and its implementing rules and regulations (IRR) be made public.

“We want to ask the administration to finish the implementing guidelines as soon as possible. The EV law is already in place, but the EV law is motherhood. It is universal. It does clarify the government’s goal to encourage EV use. Although we as a car manufacturer respect the intention, we are unable to commit resources or create precise plans until we have clear implementation rules, the speaker stated.

The requirement to produce e-vehicles here for practical usage is supported by the EV law, which obliges businesses to electrify a specific proportion of their fleet.

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