Gov’t rolls out P2 billion e-vehicle loan for operators, drivers – Flapraze.buzz

Gov’t rolls out P2 billion e-vehicle loan for operators, drivers

MANILA – The Department of Trade and Industry (DTI), through the Small Business Corporation (SBCorp), allocated PHP2 billion to finance small transport operators and drivers who hold business licenses and wish to transition to electric vehicles. In a statement on Friday, DTI said borrowers can access loans of PHP1.5 million per vehicle, with a maximum limit

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