An Act Promoting Environmentally Sustainable Transport By Providing Incentives For The Manufacture, Assembly, Conversion And Importation Of Electric, Hybrid And Other Green Vehicles, And For Other Purposes

• The bill grants the following fiscal and non-fiscal incentives to the importation and manufacture of electric, hybrid and other vehicles using clean energy sources for 9 years:
  • Manufacturers or assemblers – exempt from the payment of excise taxes and duties and imposition of the Value Added Tax (VAT)
  • Importers of completely built units (CBUs) – exempt from the payment of excise taxes and duties
  • Exempts the owners of Clean Energy Vehicles (CEVs) from the payment of the Motor Vehicle User’s Charge upon registration of their vehicles
  • Priority in registration and issuance of plate number
  • Priority in franchise application to Public Utility Vehicle (PUV) operators exclusively utilizing electric, hybrid and other clean energy vehicles 
  • Exemption from Unified Vehicular Volume Reduction Program (UVVRP) or Number-Coding Scheme. 
  • Provision for free parking spaces in new establishments