Ghana waives import duties on electric vehicles for eight years from 2024

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FILE PHOTO: An electric vehicle is plugged into a charging station in Bilbao, Spain, February 15, 2023. REUTERS/Vincent West
FILE PHOTO: An electric vehicle is plugged into a charging station in Bilbao, Spain, February 15, 2023. REUTERS/Vincent West

Ghana has announced a plan to waive import duties on Electric Vehicles (EVs) designated for public transportation for eight years beginning from 2024.

The West African country, according to the Minister for Energy Matthew Opoku Prempeh, currently has about 17,000 plug-in EVs in usage.

Presenting the 2024 Budget and Economic Statement to Parliament on Wednesday (November 15), Minister for Finance Ken Ofori-Atta disclosed that import duties would also be exempted for semi-knocked down and completely knocked down EVs brought into the country by registered assembly companies for the same eight-year period.

Ghana now joins a growing list of countries on the African continent that have reduced or removed import duties and taxes levied on electric vehicles. The list includes Cape Verde, Ethiopia, Mauritius, Rwanda, Seychelles, Togo, Tunisia and Zambia, reports Clean Technica.

 

Source: Daily Mail GH

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