The Government is Reducing Customs Tariffs on Electric Vehicles for Environmental Preservation
These amends are part of Egypt's 2030 vision programme to improve the energy sector.
Ahh, the future. What a wonderful thing. While we still haven’t reached the point of flying cars, electric cars have been a thing for a few years already, and the Egyptian government now wants to encourage the use of these earth-loving vehicles, according to Daily News Egypt.
The government has reportedly made several changes to the country’s customs tariffs, such as the exemption of customs for electric cars.The customs tariff of compressed natural gas vehicles has been reduced by a substantial 30%, while hybrid cars’ tariff (which use both electricity and gas) have also been reduced, though it hasn’t been mentioned by how much.
These changes are now official, as of Wednesday, the 12th of September.
2018 has been a good year for electric cars in Egypt, with major developments, such as the country’s first electric vehicle charging station, which was opened at a state-owned Wataniya gas station on the Cairo-Suez highway. The charging station is owned by Revolta Egypt, who now operates 17 charging stations in the country, according to Mohamed Badawi, CEO of Revolta Egypt. “By the end of 2018, we aim to have 65 charging units in seven governorates, including Cairo, Giza, Alexandria, Port Said, Ismailia, Suez, and the Red Sea. Then, in 2019, we will cover the whole Delta and, in 2020, we will cover Upper Egypt and South Sinai,” he added.
Main image from Axios