Malacañang has officially signed Executive Order No. 121 providing for the framework for the Electric Vehicle Incentive Strategy Program or EVIS.Read More »
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The Chinese government has announced its intention to end the exemption from sales tax on lithium-ion batteries used in vehicles. Amidst intensifying competition in the EV market and sluggish consumer spending, attention is focused on how the increased costs will affect car prices. As the trend shifts towards ensuring fairness between gasoline-powered vehicles and EVs, we will delve into the future developments.