PCAP Vice President for External Affairs Jeremiah Dwight Sebastian emphasized that EVs can provide Filipinos with “reduced air pollution, fewer illnesses, and decreased hospital visits.”This is attributed to the zero tailpipe emissions of EVs, which contribute to lower carbon emissions and carbon footprints compared to fuel-powered cars.
According to the Statista Research Department, the transport sector in the Philippines emitted 31.54 million metric tons of carbon dioxide in 2021. The shift to EVs is one of the measures the government is implementing to decarbonize the Philippines and mitigate the impacts of climate change. Various types of EVs have received tax breaks, with the exception of e-motorcycles, which are still subject to a 30% import duty. This has drawn criticism from stakeholders in the EV industry, who are calling for a revision of this policy.
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Source: BusinessMirror - 🏆 19. / 59 Read more »