The Aquino administration plans to offer tax perks and exemption from the ban on new franchises to transportation companies that shift from gas-fed vehicles to electric vehicles (EVs).
In a statement, Transportation and Communications Undersecretary Aristotle B. Batuhan said the government is eyeing to provide exemptions from the ban on new franchises, along with tax breaks and government loans for electric vehicles.
Batuhan said the incentives would be offered to manufacturers and operators of electric vehicles to encourage the use of emission-free transports.
“These perks are needed to entice bus operators to shell out an extra P2-3 million to purchase electric vehicles instead of another gas-guzzling mode,” he said.
Despite the standing moratorium against new issuances, Batuhan said the DOTC plans to grant an initial limited number of electric bus franchise in Metro Manila.
“Such special franchises will be auctioned to interested operators and may allow these electric buses to ply commuter-packed roads like EDSA,” he said.