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Ministry of Economy proposes year extension of the exemption from import taxes on e-vehicles

    Armenia’s Ministry of Economy is proposing a one-year extension, until January 1, 2024, of the exemption from import taxes on electrically powered transportation vehicles. The minister, Narek Teryan, presented the plan, highlighting the positive impact of the previous measures, such as the introduction of 7,000 electric vehicles in 2022 and 8,000 in 2023. The government is also working on developing charging infrastructure and electrifying public transportation. The proposed extension aims to support the use of electric vehicles and reduce dependence on traditional vehicles.

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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.

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