THE possibility of domestic electric vehicle (EV) production will depend on the market reaching critical mass in both adoption and the number of charging stations, according to the Department of Trade and Industry (DTI). READ:
“We will come to a stage where we will assemble the vehicles here . But we’re not yet there because there’s so many preconditions to bringing in EVs here. You need a critical number so you can have charging stations along the way. Otherwise, there will be no buyers if users cannot bring their EVs out of Metro Manila,” Trade Secretary Alfredo E. Pascual said on the sidelines of the Management Association of the Philippines general membership meeting in Taguig City last week.
Mr. Pascual said that the DTI is aiming to build a parts ecosystem for EVs from among medium-sized Philippine suppliers. In April, former Trade Secretary Ramon M. Lopez proposed the issuance of an executive order that would grant the remaining slot for local manufacturing under the Comprehensive Automotive Resurgence Strategy program to a domestic EV producer.
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