Extension of VAT exemption for import of electric cars to Armenia for another year

• Import of electric cars to Armenia exempt from VAT until January 1, 2025
• Exemption from VAT and customs duties has led to increased import of electric vehicles
• Imports of electric cars to Armenia increased 12 times in 2020 and by 80% in 2022
• 4,195 electric cars were imported in the first 10 months of 2023

Source: telecom.arka.am

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.