Philippines Eyes P5.6 Billion Budget Boost for Conventional Energy and EV Programs

The Department of Energy plans a significant funding increase for 2027, with the Electric Vehicle Industry Development Program seeing a sevenfold rise to support national electrification goals.

2 Sept, 01:20 — 2 Sept, 01:20

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RapplerMostly Factual8h ago

DOE eyes P5.6-B 2027 budget as conventional energy, EV programs get big boost

The largest percentage increase is for the Electric Vehicle Industry Development Program, whose funding rises more than sevenfold to P228.92 million from P32.46 million in 2026

By Lance Spencer Yu

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Philippines Eyes P5.6 Billion Budget Boost for Conventional Energy and EV Programs

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DOE eyes P5.6-B 2027 budget as conventional energy, EV programs get big boost

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