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Southeast Asia: Electric vehicle makers want tariff level kept

CITING THE NEED to grow the local vehicle manufacturing industry, the Electric Vehicle Association of the Philippines (EVAP) threw its support behind calls to maintain the tariff rate on imported vehicles, the group said in a statement yesterday.
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The group sent a position paper to the Tariff Commission seeking the retention of the 30% tariff for vehicles and the lowering of duties for some vehicle parts.

EVAP said “electric vehicles imported as completely built-up must be at a high 30%, parts and components available locally must be used, parts and components not available locally and have to be imported must be at zero duty, capital equipment and spare parts for electric vehicle manufacturing and assembly as well as imported raw materials must also be zero duty.”

“This could even result in a reduction of some 30% in the selling price for electric vehicles. This is the reason we hope these initiatives are acted upon with dispatch,” said EVAP President Rommel T. Juan in the statement.

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