Russia to Give Imported EVs a 2-Year Tax Exemption
Information on this topic is sparse, but here’s what we know: Russia decided to give imported electric vehicles a two-year tax break on levying duties.
This applies to Russia, Belarus and Kazakhstan.
Passenger EVs, as well as commercial and industrial EVs are eligible for the tax break.
This action will no doubt makes EVs more cost-attractive and hopefully will drive up sales in Russia, which today remains one of the few nations in the world with only a few EVs on the roads.
In addition to the tax break, the Voice of Russia reports that Russia “approved a programme to develop a network to recharge and service electrically-powered vehicles.”
Russia is way behind the times when it comes to EVs, so let’s hope these two actions help the nation to catch up.
Source: Voice of Russia