Philippines Implements Electric Vehicle Incentive Strategy Program

The Philippines has introduced tax incentives under the new Electric Vehicle Incentive Strategy (EVIS) Program, which was approved by Executive Order No. 121. The Order was signed on 29 July 2026 and published in the Official Gazette on 30 July 2026. The EVIS Program is meant to promote local manufacturing of hybrid and fully electric EVs, including their parts and components, attract investments to expand domestic EV manufacturing operations, and develop the Philippines as a regional automo…