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FMB NewsFilipino Media Bulletin
Back to headlinesAugust 25, 2026, 1:00 PM PHT

Industry · Electric Vehicles

Marcos Pushes Local Electric-Vehicle Manufacturing, Starting with E-Trikes

The President inspected a Caloocan manufacturer as the government works to expand domestic EV production under its existing incentive program.

By FMB News DeskPublished August 25, 2026, 1:00 PM PHT2 min read
FMB News editorial visual for Philippine electric vehicle manufacturingFMB News editorial visual
FMB News editorial visual accompanying the local EV manufacturing report.FMB News editorial visualLicense details

Why this matters to Filipinos

FMB News connects the verified facts and evidence in this report to the decisions, costs, opportunities, and risks that may affect Filipinos, Philippine communities, and the country.

Editorial standard: Sources are listed below. Verified reporting, attributed claims, uncertainty, and analysis remain distinct.

Verified facts

What happened

President Ferdinand Marcos Jr. renewed the government's push for locally manufactured electric vehicles on Tuesday during a visit to MD Juan Enterprises in Caloocan City.

Current government reporting says the immediate goal is an all-Filipino electric tricycle, with electric jeepneys envisioned as a later step as domestic manufacturing capability expands.

Context

Context

The policy push builds on Executive Order No. 121, which established the Electric Vehicle Incentive Strategy Program with up to ₱60 billion in time-bound, performance-based support for qualified domestic EV and component manufacturing.

The approved newsroom email contained additional claims about a new 10% Philippine-assembled government-fleet mandate and expanded zero-tariff rules. Those details were not independently reproduced in the same-day primary reporting and are not stated here as settled new policy.

Filipino relevance

Why this matters

Local EV manufacturing could move more of the value chain into the Philippines, from vehicle assembly to batteries and components, while reducing dependence on imported completely built units.

What to watch next

What to watch next

Watch DTI, BOI and Malacañang for implementing rules, investment commitments, production targets and any formal changes to procurement or tariff policy.

Sources and public record

Philippine News Agency: Marcos backs homegrown EV production, starting with e-trikes (August 25, 2026, 10:36 AM PHT)Philippine Information Agency: Marcos Jr. signs EO 121 for P60-B electric vehicle incentives (August 4, 2026, 12:00 AM PHT)