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
Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
Implementation date
30 Jul 2026
Revocation date:
No revocation date
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...
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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