PHILIPPINES PARTICIPATES AT THE 10TH INTERNATIONAL ELECTRIC VEHICLE EXPO IN JEJU ISLAND, ROK

Ambassador Dizon-De Vega delivered congratulatory remarks at the 6th ASEAN-Korea EV Forum organized by the ASEAN Korea Centre and the IEVE. In her speech, Ambassador Dizon-De Vega highlighted the developments in the Philippines EV industry stating that "the Philippines is now in the midst of rolling out the implementation of the Electric Vehicle Industry Development Act or the EVIDA law as well as the governance, incentives, capacity-building, and resource elements including the critical green metals supply needed for the EV industry." She added that "the road ahead for the EV sector is fraught with challenges for the ASEAN region but also replete with opportunities for policies and incentives benchmarking, for supply chain and manufacturing technology cooperation, and consumer education and engagement particularly with Korea, one of ASEAN's closest partners in green growth and technology and with whom countries in our region, both bilaterally and multilaterally, share a common commitment to a more sustainable and resilient future." The Ambassador also met with IEVE Chairman Kim Daehwan who leads the overall coordination of the IEVE Expo.

The Philippine delegation from DTI headed by DTI-BOI Executive Director Ma. Corazon Halili-Dichosa who was likewise a panelist at the 6th ASEAN-Korea EV Forum. Executive Director Halili-Dichosa presented recent developments and initiatives in the Philippines' EV industry in connection with EVIDA and the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act as well as DTI-led government support programs for investors. Moreover, DOE Director Patrick Aquino delivered a presentation on the Comprehensive Roadmap for the Electric Vehicle Industry (CREVI). Director Eries Cagatan of the DTI-BOI likewise participated in the IEVE.

Mr. Edmund Araga, an advocate of electric vehicles, founding member of the Asian Federation of Electric Vehicles Association, Inc (AFEHVA) and current President of the Electric Vehicle Association of the Philippines (EVAP) and the AFEHVA was invited as a keynote speaker in the forum. Mr. Araga presented an overview of the EV industry in ASEAN. END