Global Trade Alert
Global Trade Alert

Philippines: Introduction of the Electric Vehicle Incentive Strategy (EVIS) Program

Announcement

30 Jul 2026

In July 2026, the Government of the Philippines established the Electric Vehicle Incentive Strategy (EVIS) Program worth up to PHP 60 billion (USD 976.68 million) to promote the domestic manufacturing of electric vehicles through tax incentives.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

30 Jul 2026

Revocation date:

No revocation date

Announced: 30 Jul 2026
Localisation, nes In force

Recent update from 03 Aug 2026:

On 30 July 2026, the President of the Philippines published Executive Order No. 121, establishing the Electric Vehicle Incentive Strategy (EVIS) Program. The program imposes certain localisation co...

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Announced: 30 Jul 2026
Tax or social insurance relief In force

Recent update from 03 Aug 2026:

On 30 July 2026, the President of the Philippines published Executive Order No. 121, establishing the Electric Vehicle Incentive Strategy (EVIS) Program, a state aid scheme worth up to PHP 60 billi...

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