Local e-motorcycle assembly to start in June, stakeholders advocate for tax incentives

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Local e-motorcycle assembly to start in June, stakeholders advocate for tax incentives
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Stakeholders in the electric vehicle industry are once again urging the government to provide more incentives as they welcome news that the local assembly of electric motorcycles will begin mass production in June 2023.

As stakeholders enthusiastically received the news of the upcoming local mass production of electric motorcycles, they also expressed hope that two- and three-wheelers would be included in the EV import tariff break before the scheduled review of Executive Order No. 12 in early 2023.In a related development, prominent figures from the EV industry welcomed the report and called for the inclusion of e-motorbikes in the import tax break provided under EO 12.

Dindo Manhit, President of Stratbase ADR Institute, stated that a review of the EO is necessary as the current version is deemed “unfair” because it excludes electric motorcycles.

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