DTI drops Race program, shifts focus to EVs
MANILA, Philippines – The Department of Trade and Industry (DTI) is scrapping plans to roll out the Revitalizing the Automotive Industry for Competitiveness Enhancement (Race) program, opting instead to focus on incentives for electric vehicle (EV) production. Trade Secretary Cristina Roque said on Wednesday that the government would proceed directly with the Electric Vehicle Incentive […]...Keep on reading: DTI drops Race program, shifts focus to EVs
