ANC Market Edge – July 22, 2020
Foreign chambers and the Philippine Trade department make a big push for a legislation that will power up the electric vehicle shift in the Philippines — through fiscal and non-fiscal incentives — helping create a whole ecosystem supported by a charging infrastructure. While the U.S. and China are leading the pack, Thailand is leading efforts in Asia, Indonesia is focusing on battery production and Vietnam recently established its own EV company. Is the Philippines getting left behind? American Chamber of Commerce’s John Forbes and DTI’s Fita Aldaba speak with Michelle Ong.