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DTI launches EV incentives program

THE Department of Trade and Industry (DTI) launched the Electric Vehicle Incentives Scheme (EVIS) that aims to accelerate the development of the e-vehicle industry.

At the 11th Philippine Electric Vehicle Summit in Pasay City on Friday, DTI Undersecretary Rafaelita Aldaba said the EVIS targets to have 4 million locally manufactured e-vehicles in the country in the next 10 years.