Philippine subsidies policy for purchasing electric buses and buses, and core application conditions
Philippine subsidies policy for purchasing electric buses and buses, and core application conditions
Subsidy details for vehicle purchase:
Zero tariffs for imported electric buses and core components;
Government agencies are required to replace at least 5% of their existing vehicles with electric buses.
Core application conditions:
The vehicles must comply with the standards of the "Electric Vehicle Industry Development Law" of the Philippines;
2. Encourage local assembly projects.
Duration: Zero tariffs until 2028, with long-term mandatory promotion.
