EVAP expresses support for renewed CARS Program, EVIS funding

Organization notes that a stable auto industry can also attract potential investors

EVAP expresses support for renewed CARS Program, EVIS funding

MANILA: The Electric Vehicle Association of the Philippines (EVAP) expressed its support for the recent joint press statement issued by the Department of Budget and Management (DBM), Department of Trade and Industry (DTI), and Department of Finance (DOF). 

KEY TAKEAWAYS

  • Where will the government pull the fundings for the program?

    It will come from the Department of Public Works savings.
  • Which departments issued the joint statement?

    These are the DBM, DTI, and DOF.
  • The said statement pertains to the assurance of funding for the Comprehensive Automotive Resurgence Strategy (CARS) Program and the Electric Vehicle Incentive Strategy (EVIS), which now paints the country’s President as someone who will not abandon the Philippine auto industry, despite his earlier decision to veto the program’s grant. 

    According to EVAP, it welcomes the government’s “clear assurance” that it will see to its obligations for companies involved in the said initiatives. In a previous report, Zigwheels Philippines noted that the new funding will come from the savings of the Department of Public Works and Highways last year. 

    Photo from Electric Vehicle Association of the Philippines

    “For EVAP, this statement is extremely important because EVIS depends on a strong automotive manufacturing base. You cannot scale electric mobility if the underlying ecosystem — vehicle assembly, parts manufacturing, and supplier development — is weakened. This reassurance from DBM, DTI, and DOF strengthens confidence in the Philippines as a serious and reliable partner for long-term EV investments,” EVAP President Edmund Araga was quoted as saying. 

    Per EVAP, the said statement underscores a clear direction for the local auto industry that will benefit EVIS and also strengthen investor confidence in the Philippines as a credible and predictable location for long-term industrial development. 

    Other stories:

    Key to EV expansion 

    In addition, the pro-electric vehicle (EV) organization stated that EV transition is not a standalone shift in technology, but a major industrial transformation that requires stability in the broader automotive sector. 

    A functioning and competitive local auto industry — EVAP pointed out — is critical to enable the Philippines to expand EV adoption while also pursuing local value creation, including the development of EV parts and components, charging infrastructure, electrical systems, and future battery-related manufacturing. 

    Photo from Electric Vehicle Association of the Philippines

    “EVIS is about building an entire electric mobility industry — not just importing EVs. That means we need continuity and credibility in government incentive programs. When the government honors commitments under CARS, it sends the right signal: the Philippines can be trusted, and industrial transformation under EVIS will be supported in a structured and responsible way,” Araga noted. 

    “What we are protecting here is more than a budget line — this is about protecting manufacturing jobs, engineering skills, and supplier capabilities. These same Filipino capabilities will eventually support EV assembly, EV parts manufacturing, and the broader goals of EVIS. The country needs continuity of policy to transition successfully into the future of mobility,” he added. 

    In conclusion, Araga explained that EVAP appreciates the firm statement from the aforementioned agencies’ (DBM, DOF, DTI) respective Secretaries. He also assured that EVAP stands ready to work with the government and industry to ensure that EVIS succeeds — because electric mobility is not just an environmental goal, it is an industrial competitiveness agenda for the Philippines. 

    Also read:

    EVAP invites global EV battery makers to invest in PH

    EVAP reinforces global reach through collaboration with FTSC

    EVAP, Bataan provincial gov’t to collaborate on EV-integrated PUV network

    Connect with us through our various social media pages:

    Facebookhttps://www.facebook.com/ZigWheelsPhilippines

    Instagramhttps://www.instagram.com/zigwheelsph/

    Tiktokhttps://www.tiktok.com/@zigwheels

    Youtubehttps://www.youtube.com/@ZigWheelsPhilippines/

    Contents

    Paulo Papa

    Paulo Papa

    Fueled by his passion for cars and a good dose of caffeine, Paulo loves taking his readers for an exciting spin with his writing. A self proclaimed nerd, epigrammatic writer, and a doting father. 

    Read Full Bio

    Sell your car at the best price

    Verified and genuine buyers Verified and genuine buyers
    Free listing Free listing
    List your car

    MIAS 2026

    Trending & Fresh Updates

    You might also be interested in

    • News
    • Featured Stories

    Featured Cars

    • Upcoming
    • BYD Sealion 7 ev
      BYD Sealion 7
      Price coming soon
      Expected Launch TBA Alert Me When Launched
    • BYD Atto 2 ev
      BYD Atto 2
      Price coming soon
      Expected Launch TBA Alert Me When Launched
    • Denza B5 phev
      Denza B5
      Price coming soon
      Expected Launch TBA Alert Me When Launched
    • GWM Tank 700 Hi4-T hev
      GWM Tank 700 Hi4-T
      Price coming soon
      Expected Launch TBA Alert Me When Launched
    • MG D90
      MG D90
      Price coming soon
      Expected Launch TBA Alert Me When Launched

    Latest Car Videos on Zigwheels

    Zigwheels
    • 2026 Jetour T1 Lightning Spec Guide
      2026 Jetour T1 Lightning Spec Guide
      22 Apr, 2026 .
    • All the New Cars at MIAS 2026! | Zigwheels.Ph
      All the New Cars at MIAS 2026! | Zigwheels.Ph
      22 Apr, 2026 .
    • 2026 Honda Prelude First Look | Zigwheels.Ph
      2026 Honda Prelude First Look | Zigwheels.Ph
      14 Apr, 2026 .
    • It's the Sealion 7 and Atto 2! BYD Tech Tour at MIAS 2026 | Zigwheels.Ph
      It's the Sealion 7 and Atto 2! BYD Tech Tour at MIAS 2026 | Zigwheels.Ph
      14 Apr, 2026 .
    • Jaecoo J5 Revealed at MIAS 2026! | Zigwheels.Ph
      Jaecoo J5 Revealed at MIAS 2026! | Zigwheels.Ph
      14 Apr, 2026 .
    • DENZA Makes Its Grand Entrance! | MIAS 2026 | Zigwheels.Ph
      DENZA Makes Its Grand Entrance! | MIAS 2026 | Zigwheels.Ph
      14 Apr, 2026 .
    • Geely EX2 Revealed at MIAS 2026! | Zigwheels.Ph
      Geely EX2 Revealed at MIAS 2026! | Zigwheels.Ph
      14 Apr, 2026 .
    • EV or PHEV? Choose Your Radar Pickup at MIAS 2026! | Zigwheels.Ph
      EV or PHEV? Choose Your Radar Pickup at MIAS 2026! | Zigwheels.Ph
      10 Apr, 2026 .
    • 2026 Toyota Corolla Cross GR-S First Look | Zigwheels.Ph
      2026 Toyota Corolla Cross GR-S First Look | Zigwheels.Ph
      10 Apr, 2026 .
    • 2026 MG HS Hybrid+ Spec Guide | Zigwheels.Ph
      2026 MG HS Hybrid+ Spec Guide | Zigwheels.Ph
      10 Apr, 2026 .
    Watch Car Videos

    Car Articles From Carmudi

    • journal
    • advice
    • financing
    • insurance
    • Denza PH launches B5, B8 SUVs
      Denza PH launches B5, B8 SUVs
      Paulo Papa, Apr 23, 2026
    • Falken PH unveils 'Road Hazard Ready' program
      Falken PH unveils 'Road Hazard Ready' program
      Ruben Manahan IV, Apr 20, 2026
    • Motorists get relief with 2nd fuel price cut this April
      Motorists get relief with 2nd fuel price cut this April
      Ruben Manahan IV, Apr 20, 2026
    • CAMPI, TMA close Q1 2026 with 10% sales slowdown
      CAMPI, TMA close Q1 2026 with 10% sales slowdown
      Ruben Manahan IV, Apr 20, 2026
    • All-new Honda Prelude officially goes on sale, priced at P3.498-M
      All-new Honda Prelude officially goes on sale, priced at P3.498-M
      Paulo Papa, Apr 17, 2026
    • Register & get OR/CR for your imported car the right way
      Register & get OR/CR for your imported car the right way
      Carmudi PH, Apr 16, 2025
    • How to handle a checkpoint: The right and wrong moves
      How to handle a checkpoint: The right and wrong moves
      Carmudi PH, Apr 14, 2025
    • Don’t risk it: Here’s how to confirm driver’s license validity
      Don’t risk it: Here’s how to confirm driver’s license validity
      Carmudi PH, Apr 08, 2025
    • Your complete guide to a Non-Professional Driver’s License
      Your complete guide to a Non-Professional Driver’s License
      Carmudi PH, Apr 04, 2025
    • Fixing errors or updating info? How to revise your driver’s license
      Fixing errors or updating info? How to revise your driver’s license
      Carmudi PH, Apr 02, 2025
    • First time buying a car? Here’s what to know about loans
      First time buying a car? Here’s what to know about loans
      Carmudi PH, Apr 10, 2025
    • Fast-track your car loan payoff with these hacks
      Fast-track your car loan payoff with these hacks
      Carmudi PH, Apr 06, 2025
    • Pasalo Car Financing: How it works & what to watch out for
      Pasalo Car Financing: How it works & what to watch out for
      Carmudi PH, Apr 03, 2025
    • Car loan issues? Here’s how to resolve disputes in the Philippines
      Car loan issues? Here’s how to resolve disputes in the Philippines
      Carmudi PH, Mar 22, 2025
    • Need better auto loan terms? Here’s how to refinance
      Need better auto loan terms? Here’s how to refinance
      Carmudi PH, Mar 21, 2025
    • Is loss of use coverage worth adding to your car insurance policy? Let’s evaluate
      Is loss of use coverage worth adding to your car insurance policy? Let’s evaluate
      Carmudi PH, Apr 27, 2026
    • Top 7 benefits of zero-depreciation car insurance for car owners
      Top 7 benefits of zero-depreciation car insurance for car owners
      Carmudi PH, Apr 24, 2026
    • Zero-depreciation car insurance: Is it worth it in 2026?
      Zero-depreciation car insurance: Is it worth it in 2026?
      Carmudi PH, Apr 22, 2026
    • Common myths around total loss car insurance & the truth behind them
      Common myths around total loss car insurance & the truth behind them
      Carmudi PH, Apr 20, 2026
    • Recipe to choose the right insurance policy for your high-end car
      Recipe to choose the right insurance policy for your high-end car
      Carmudi PH, Apr 17, 2026

    Compare

    You can add 3 variants maximum*