The Innovation Driver category covers the commercialization of new and emerging technologies and products of the Department of Science and Technology or government-funded research and development, such as hardware or software for the upgrading of local industries.
Trade Undersecretary and BOI managing head Ceferino Rodolfo said the category s a strategic activity of the domestic Electric Vehicle supply chain. “We look forward that homegrown technologies like this will play a major part in the development of electric vehicles in the country as we gradually begin the transition from fossil-fueled cars to environment-friendly vehicles and aspire to be a manufacturing hub for the EV components,” he said.
CHRG has invested P3.9 million in a production facility at the University of the Philippines-National Engineering Center in Diliman, Quezon City, part of the DOST-supported technology business incubator called UPSCALE Innovation Hub.
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