Thursday, November 14, 2013

Russia removes duties for EV imports

The Eurasian Economic Commission for Europe (ECE), the governing body of the Customs Union (Russia, Belarus and Kazakhstan), has said it is ready to approve the complete removal of the 19% import duty levied on electric cars imported to the country so as to stimulate sales.
"By 2020, according to our forecasts, up to 10% of the total number of cars sold in Russia will be electric,” said Andrey Pankov, chairman of the subcommittee on strategic innovation in the automotive industry, part of Russia’s Ministry of Commerce and Industry. “I think that the next two or three years will be the years for electric vehicles such as the Mitsubishi Outlander PHEV, Chevrolet Volt, and some other types,” he said.