Ghana: Gov’t To Waive Import Duties On Electric Vehicles For Eight Years

Government of Ghana has announced a plan to waive import duties on Electric Vehicles (EVs) designated for public transportation for 8 years beginning from 2024.

Last Thursday, Minister for Energy Dr. Matthew Opoku Prempeh, revealed that Ghana currently has about 17,000 plug-in electric vehicles usage in the country.

Presenting the 2024 Budget and Economic Statement to Parliament on Wednesday, November 15, 2023, Minister for Finance Mr. Ken Ofori-Atta disclosed that import duties would also be exempted for semi-knocked down and completely knocked down Electric vehicles brought into the country by registered EV assembly companies for the same 8-year period.

He said government would waive import duties on the import of electric vehicles for public transportation for 8 years as well as extend zero rate of VAT on locally assembled vehicles for 2 more years.

Source: https://energynewsafrica.com