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Hybrids and plug-in hybrids will now benefit from zero import taxes in PH

Electrified PUVs, e-bikes, and e-trikes are also included

Great news for those eyeing hybrid vehicles as they’re about to get more affordable. PHOTO BY SAM SURLA

Remember when we reported that electric vehicles would have zero tariffs due to the implementation of Executive Order No. 12?

Back then, hybrids and plug-in-hybrids weren’t part of these tax reductions, giving the edge to their fully electric counterparts (battery-electric vehicles or BEVs). A recent approval by the National Economic and Development Authority (NEDA) board expands the benefits of Executive Order No. 12 to even more kinds of electrified vehicles.

These price cuts will last only until 2028. PHOTOS BY BOTCHI SANTOS AND ANDY LEUTERIO

The updated policy now removes the 30% import duty taxes on hybrids (HEV), plug-in hybrids (PHEVs), electrified PUVs and trucks, nickel-metal hydride accumulator batteries, and e-bikes and e-motorcycles. This means zero import duty taxes, which could further mean a noticeable price reduction for all these vehicles.

There are a couple of takeaways here, however. First is that mild hybrids—or vehicles that cannot move under their own electric power—are excluded.

Also, this EO will only be in effect until 2028, meaning all BEVs, HEVs, PHEVs, and other electric vehicles will regain the 30% import taxes unless the government further decides to extend the Executive Order.

Mild-hybrid vehicles are not part of these benefits. PHOTOS BY SAM SURLA

For now, this is a great way to get the public to further embrace electrification, and also find a way to reduce emissions and pass on fuel savings to the consumers, as the infrastructure for supporting electric vehicles is still hard to come by.

Sam Surla

Sam is the youngest member of our editorial team. And he is our managing editor (believe it or not). He specializes in photography and videography, but he also happens to like writing about cars a lot.