The mainstream adoption of electric vehicles (EVs) is expected to gain traction after the previous Congress passed a law that seeks to develop the Philippines’ EV industry.
The law facilitates a shift to e-vehicles by imposing a 5% EV fleet quota for industries that operate vehicles such as cargo logistics, food delivery companies, tour agencies, and utilities providers, among others, within a timeline that will be set by regulators.
In this B-Side episode, Terry L. Ridon, an investment analyst and convener of InfraWatchPH, speaks with BusinessWorld reporter Kyle Aristophere T. Atienza about the adoption of EV vehicles and whether or not the country is capable of developing its own EV industry.
Recorded remotely June 2022. Produced by Joseph Emmanuel L. Garcia and Sam L. Marcelo.
