In a significant move towards sustainable transportation, President Ferdinand R. Marcos Jr. has called on Tesla to consider manufacturing electric vehicles (EVs) in the Philippines. This appeal was made during the launch of the Tesla Service Center at Bonifacio Global City, a landmark event that underscores the country’s commitment to green technology and innovation.
The Philippine government has taken proactive steps to support the EV industry by enacting the Electric Vehicle Industry Development Act (EVIDA). This legislation offers duty-free importation for charging stations and zero tariffs on electric vehicles until 2028, creating a favorable environment for the sector’s growth.
During the launch, President Marcos announced an ambitious target for electric vehicles: achieving a 50 percent market share in the Philippines by 2040. This goal is part of the Comprehensive Roadmap for the Electric Vehicle Industry, which aims to position the Philippines as a leader in sustainable transportation.
Tesla’s investment in the Philippines recognizes the country’s potential in the EV sector. Establishing the Tesla Service Center in Bonifacio Global City is expected to enhance local capabilities and foster innovation. President Marcos emphasized that Tesla’s presence would support environmental sustainability, empower the local workforce, and drive economic growth.
Launching the Tesla Service Center marks a significant milestone in the Philippines’ journey towards a greener future. With forward-thinking policies and a collective determination to innovate, the country is poised to become a key player in the global shift towards electric vehicles.
