NEDA board pushes EO modifying electric vehicles tariff rates

The National Economic and Development Authority (NEDA) board has endorsed an executive order (EO) modifying the tariff rates of certain electric vehicles (EVs), including its parts and components to encourage consumers to acquire EVs and reduce dependence on imported fuel, Socio-economic Planning Secretary Arsenio Balisacan said on Thursday.
The National Economic and Development Authority (NEDA) board has endorsed an executive order (EO) modifying the tariff rates of certain electric vehicles (EVs), including its parts and components to encourage consumers to acquire EVs and reduce dependence on imported fuel, Socio-economic Planning Secretary Arsenio Balisacan said on Thursday.