Philippines opens doors to investors in EV technology - News Summed Up

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Philippines opens doors to investors in EV technology


Philippines opens doors to investors in EV technologyMANILA, Philippines — The Philippines is inviting investments in technologies related to electric vehicles (EVs) as it eyes to join the global value chain, according to the chief of the Department of Trade and Industry (DTI). “Together with EV technologies, those related to renewable energy and battery form part of the DTI green metals initiative. Among the green metals used in cleaner-energy applications are copper, nickel, cobalt, lithium, and rare earth metals. “Fortunately, the Philippines is rich in these green metals. We want to link with global value chains involving Norway energy companies, especially the renewable ones,”Pascual said.


Source: Philippine Star October 22, 2022 02:51 UTC



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