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The Government of the Philippines has promulgated Executive Order No. 121, establishing the Electric Vehicle Incentive Strategy (EVIS) Program. The regulatory initiative seeks to attract foreign and domestic capital, promote the localization of electric vehicle (EV) manufacturing, and position the Philippines as a regional automotive manufacturing hub.

The Board of Investments (BOI) serves as the lead implementing and coordinating agency, responsible for issuing operational guidelines and submitting annual reports to the Office of the President, in coordination with the Inter-Agency Committee on Electric Vehicle Industry Development.