Marcos urges firms to invest in PH electric vehicle industry

Inquirer.net - Oct 29, 2026

MANILA, Philippines — President Ferdinand Marcos Jr. on Thursday urged foreign manufacturers to invest in the Philippines’ electric vehicle (EV) industry as the government aims to have EVs account for 50% of the country’s vehicle fleet by 2040. He made the call during a visit to the manufacturing and assembly plant of Sazgar Philippines Inc. in

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