CLARK FREEPORT A US-based manufacturing company is set to put up an $80 million green vehicle manufacturing plant here.
Envirotech Vehicles, a transportation provider and manufacturer of all-electric and zero-emission vehicles, eyes to establish its local assembly facility on a 15,000 to 20,000 square meters land area within the freeport.
Envirotech Chief Executive Officer and Board Chair Phillip Oldridge said that they intend to start construction by October of this year.
“The facility that we are looking to build is somewhere between 15,000 to 20,000 square meters and we’re hoping to have that entire facility completely finished and functioning by December of 2025,” Oldridge said.
To formally establish their presence here, EVT recently entered into a two-year lease agreement with Berthaphil Inc., a developer inside Clark, for the provision of EVT’s temporary office and facility while they wait for the completion of their own assembly plant.
Oldridge added that they are looking to generate around 800 direct job opportunities related to manufacturing, green energy, and technology.
He also said they will begin hiring staff for management positions in July, followed by filling vacancies for facility readiness and preparation.
CDC President and Chief Executive Officer Agnes Devanadera thanked EVT for locatinge in the Freeport.
“Our people at CDC are very excited that you came to Clark. More than ever, our country needs you in manufacturing e-vehicles and this also aligns well with our vision for Clark as a sustainable, green, and resilient zone,” she said.
EVT’s presence in the Philippines, according to Senate President Juan Miguel "Migz" Zubiri, is a welcome development and aligns with the country's ongoing PUV Modernization Program.
Other key government officials who are present during the signing ceremony are Department of Finance (DOF) Secretary Benjamin Diokno, Department of Trade and Industry (DTI) Secretary Alfredo Pascual, Department of Energy (DOE) Secretary Raphael Lotilla, and National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan.