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Philippines Boosts Electric Vehicle Production with $1bn Subsidy

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Insights by Echo AI

The Philippines has launched a $1 billion manufacturing subsidy program to bolster its electric vehicle (EV) industry. The 'Electric Vehicle Industry Service' (EVIS) program, signed into law by President Marcos, offers up to 40% co-funding for battery models and aims to position the Philippines as Southeast Asia's EV manufacturing hub.

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  1. 热点|新闻|曝光 avatar

    热点|新闻|曝光

    Telegram / @xinwen808

    #菲律宾新闻 【菲律宾砸600亿押注新能源车!打造东南亚电动车制造中心】 7月31日,菲律宾总统马科斯签署第121号行政令,正式建立“电动...

  2. Nikkei Asia avatar

    Nikkei Asia

    X / Twitter / @NikkeiAsia

    Philippines joins Southeast Asia's EV race with $1bn manufacturing sub...

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