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What You Should Know About Electric Vehicle Industry Development Act (EVIDA) also known as Republic Act No. 11697 – EV Law Philippines
EVIDA Provides a national policy framework to develop the electric vehicle industry in the Philippines.
Seeks to incentivize the adoption of electric vehicles and charging stations in the country.
– Mandates a 5% EV share in corporate and government fleets.
– Provision of dedicated parking slots.
– Installation of charging stations in parking lots and gasoline stations.
– Green routes – Green route – refer to public transportation routes identified and designated by provinces, cities, and municipalities and approved by DOTr to be exlusively traversed by electric public utility vehicles (PUVs).
– Provision of fiscal and non-fiscal incentives for EV manufacturing, and importation of charging station.
Incentives under Electric Vehicle Industry Development Act (EVIDA)
Fiscal incentives:
– The manufacture and assembly of EVs, charging stations, batteries and parts and components thereof shall undergo an evaluation process to determine its (i) inclusion in the strategic investment priority plan and (ii) possible entitlement to the incentives for the length of time as provided under the amendments introduced by the Corporate Recovery and Tax Incentives fo Enterprises Act or CREATE (R.A. No. 11534) to the Omnibus Investments Code of 1987 (Executive Order No. 226) and National Internal Revenue Code of 1997 (R.A. No. 8424).
– The importation of completely built EVs shall generally be entitled to incentives under the TRAIN Act (R.A. No. 10963).
– The importation of completely built charging stations shall be exempt from the payment of duties for eight years from the effectivity of EVIDA.
– The utilization of battery EVs and hybrid-EVs shall be entitled to a discount of 30% and 15%, respectively, from the payment of the motor vehicle user’s charge, vehicle registration and inspection fee for eight years from the effectivity of EVIDA.
Non-fiscal incentives:
– Priority registration, priority renewal of registration and issuance of a special type of vehicle plate.
– Exemption from the mandatory unified vehicular volume reduction program, number-coding scheme or other similar schemes implemented by different government agencies.
– Expeditious processing of applications and renewals for the franchise to operate public utility vehicles for operators that are exclusively utilizing EVs.
– Expeditious processing by the Bureau of Customs of the importations of EV manufacturers and importers.
– Permit for foreign nationals to be employed under technology transfer agreements, subject to the guidelines of the relevant government agencies.
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Venice by Gyvus
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