Tag: Philippine e-bikes

NEDA Board approves zero tariff policy for two-wheeled EVs, hybrid vehicles, others

(Eagle News)–The National Economic Development Authority Board has approved the reduction of tariffs imposed on e-motorcycles, e-bicycles and nickel metal hydride accumulators to zero until 2028. Also covered by the zero tariff policy are e-tricycles and quadricycles, hybrid EVs and plug-in hybrid EV (PHEV) jeepneys or buses. The NEDA Board, in its 16th meeting on Wednesday, May 15, also agreed to maintain the Most Favored Nation rate at zero for duty on 34 tariff lines […]