Rules currently favor imports in 2&wheel EV market, Honda says

HONDA Philippines, Inc. said imports are currently a better option than local production in the two-wheel electric vehicle (EV) market, based on the rules now in place. “The Philippine regulations call for zero duty, which is good for imports. So it is better to import because if we invest in production, that will cost more […]

Rules currently favor imports in 2&wheel EV market, Honda says
HONDA Philippines, Inc. said imports are currently a better option than local production in the two-wheel electric vehicle (EV) market, based on the rules now in place. “The Philippine regulations call for zero duty, which is good for imports. So it is better to import because if we invest in production, that will cost more […]