Marcos Jr. OKs temporary tariff cuts on imported e-vehicles, spare parts
MANILA, Philippines — President Ferdinand “Bongbong” Marcos Jr. has approved to temporarily remove the tariff on imported electric vehicles and lowering the tax rate on their parts and components. Marcos signed last Jan. 13 Executive No. 12, which cuts tariff rates on certain e-vehicles such as passenger cars, buses, minibuses, vans, trucks, motorcycles, tricycles, scooters […]
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