The Department of Energy (DOE) welcomes the approval by the National Economic and Development Authority (NEDA) Board of the expansion of tax breaks for two and three-wheeled battery electric vehicles (BEVs), hybrid electric vehicles (HEVs), and plug-in hybrid electric vehicles (PHEVs) until 2028.

The NEDA Board, chaired by President Ferdinand Marcos Jr., the expansion of the coverage of Executive Order (EO) No. 12, which originally 

decreased tariffs on electric vehicles (EVS) until 2028. The revised policy now encompasses e-motorcycles, e-bicycles, nickel metal hydride accumulator batteries, e-tricycles, HEVs, and PHEV jeepneys or buses.

The expanded tax incentive program aims to enhance the accessibility and 

affordability of electric and hybrid vehicles for all consumers. 

This initiative encourages a shift away from fossil fuel dependency and contributes to reducing greenhouse gas emissions.

Energy Secretary Raphael P.M. Lotilla said that “by broadening the scope to include a wider range of electric and hybrid vehicles, we are not only simplifying environmentally friendly choices for consumers but also fostering innovation and growth within the country’s electric vehicle industry program, subject to an annual review.”

In February 2023, President Marcos Jr. signed EO 12, temporarily eliminating tariffs  for EVs and their components for five years. However, this EO did not include two and three-wheeled EVs, HEVs, and PHEVs.