An executive order granting P3-billion subsidy package for the electric vehicle manufacturing sector has been submitted to Malacanang and is awaiting approval by President Duterte as part of the incentives to encourage more investments to modernize the transport sector and to support the country’s positioning as a global manufacturing hub ...

Source: Manila Bulletin (https://mb.com.ph/2021/06/02/p3-b-subsidy-for-e-puv-manufacturing-pushed/?utm_source=rss&utm_medium=rss&utm_campaign=p3-b-subsidy-for-e-puv-manufacturing-pushed)