The senator said the modified tariff rates will help make electric vehicles more affordable for the local consumers.
“We expect that tariff exemption of EVs will lead the country to usher in an EV ecosystem that is vibrant, responsive, and dynamic,” the senator said in a statement.While EO12 reduces the tariff for certain types of EVs, International think-tank and research organization Stratbase ADR Institute said that this can be done better by including e-motorcycles in the measure.
Under the directive, e-motorcycles are still subject to 30 percent tariff while the taxes for kick scooters, pocket motorcycles, and self-balancing cycles were reduced to zero. Stratbase President Prof. Dindo Manhit said that the EO should be modified as workers and students use motorcycles to commute to work while four-wheeled vehicles are often only afforded by higher-income individuals.
In 2021, the Land Transportation Office recorded that almost 8 million units of motorcycles are registered in the agency.Meanwhile, environmentalists have been proposing the shift to EVs in the country to help mitigate the effects of climate change. Along with this is the call to shift to renewable energy production as the country is still sourcing its electricity mainly from fossil fuels and coal.
According to the Statista Research Department, the power production in the Philippines is still dominated by coal at 47.6 percent, followed by other fossils at 18 percent, and gas at 10.7 percent, which totals 76.3 percent.
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