DOF welcomes EO that will boost local EV manufacturing

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Source: The Manila Times
Published: 2026-08-04 12:00 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Culture & Entertainment, Transport, Tax & Budget, Business & Economy, Asia Pacific
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Snippet:
FINANCE Secretary and Fiscal Incentives Review Board (FIRB) Chair Frederick Go welcomed the issuance of Executive Order (EO) 121, establishing the Electric Vehicle Incentive Strategy (EVIS) Program, describing it as a major step toward developing a globally competitive electric vehicle (EV) manufacturing industry in the Philippines.
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