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EV strategy expected to create 680,000 jobs

23 June 2025
in Business
Reading Time: 2 mins read
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EV strategy expected to create 680,000 jobs
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THE Department of Trade and Industry (DTI) said it expects around 680,000 jobs to be created under the recently approved Electric Vehicle Incentive Strategy (EVIS).

“The new strategy is expected to attract P120 billion in capital investment that will help spur job creation,” Trade Secretary Ma. Cristina A. Roque said in a statement on Monday.

“The influx of investments will generate about P11.4 trillion in economic output,” she added.

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