The Law will support the development of the Electric Vehicle industry in the Philippines.
A bill that will develop the Philippines’ electric vehicle industry has lapsed into Law on April 26. The bill is officially called Republic Act No. 11697 or also referred to as the “Electric Vehicle Industry Development Act”,—which was signed last April 15.
RA No. 11697 outlines the Comprehensive Road Map for the Electric Vehicle Industry (CREVI) that features a National Government plan for the electric vehicle industry which has primarily four components:
- The development of EVs and their charging stations as well as designated parking slots.
- Manufacturing and promotion of EV industry, including local production of EVs.
- ·Research and Development of EVs.
- Human Resource Development, including skills and building of needed personnel.
“The CREVI shall be incorporated in the Philippine Energy Plan and the National Transport Policy”, it reads. The Department of Energy (DOE) will be the primary agency for promoting the use of electric vehicles and the development of its charging infrastructures.
The new Law will also push private and government—owned establishments to mandatorily dedicate 5% of their parking slots exclusive to EVs and provide charging stations.
With regards to the EV incentives, it’s still unclear. What’s important is that the country already has the foundation to finally promote the use and development of electric vehicles.