The Motorcycle Development Program Participants Association (MDPPA) called on the government to incentivize the production of motorcycles to balance the playing field with the anticipated grant of tax breaks for electric vehicles. Know more:
THE Motorcycle Development Program Participants Association called on the government to incentivize the production of motorcycles to balance the playing field with the anticipated grant of tax breaks for electric vehicles.
“What we strive to achieve is a level playing field, between domestic production of ICE [internal combustion engine] motorcycles, and the tariff-exempted importation of EV, while our country is in the process of electrification,” MDPPA said in a statement. The National Economic Development Agency said that the inclusion of e-motorcycle in the list of EVs with tax breaks will be up for deliberation by February 2024.
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