Electric Vehicle Imports in the Philippines Benefit from Expanded Zero-Tariff Rates

On May 15, 2024, the National Economic and Development Board (NEDA) of the Philippines approved an extension of the most-favored-nation (MFN) zero-tariff rate on more battery electric vehicles (EVs) and components. In addition, it upheld the decision to impose a temporary MFN zero-tariff import rate on 34 battery EV products until 2028. These temporary rates were first […]

Indonesia Targets Production of 600,000 EV Units by 2030

Coordinating Minister for Maritime and Investment Affairs Luhut Binsar Pandjaitan targets electric vehicle, or EV, production in Indonesia to reach 600,000 units by 2030. Luhut said this could reduce emissions by up to 160,000 tons of CO2 per year.

Indonesia launches first EV battery plant

JAKARTA – Indonesia launched its first electric vehicle battery plant on Wednesday, President Joko Widodo said, as Southeast Asian countries move to gain a foothold in the emerging industry.