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flag Philippine President invites Tesla to manufacture EVs, aiming to boost sustainability and innovation.

flag Philippine President Ferdinand R. Marcos Jr. has invited Tesla to manufacture electric vehicles (EVs) in the country, aiming to boost sustainable transportation and local innovation. flag At the Tesla Center Philippines launch, Marcos highlighted government policies like the Tax Reform for Acceleration and Inclusion Act and the Electric Vehicle Industry Development Act, which offer incentives for EVs and charging stations. flag Marcos sees Tesla's entry as a significant step towards reducing carbon emissions and achieving a 50% electric vehicle market share by 2040.

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