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Environment Ministry moots tax concessions for EV imports 

19 Apr 2021

  • Aims to reduce air pollution from traditional vehicles

  • To take effect after import restrictions are lifted

Environmental Ministry Secretary Dr. Anil Jasinghe stated that discussions are underway to formulate a tax concession to encourage the importation of environment-friendly electric vehicles (EVs) and solar-powered vehicles, The Morning Business learns. Dr. Jasinghe elaborated that the aforementioned tax concession is being considered as a measure to reduce air pollution by encouraging consumers to purchase EVs, as they are more sustainable and environment-friendly. Moreover, when queried about the current vehicle import restrictions, Dr. Jasinghe commented: “The vehicle import restrictions are temporary; these measures were incepted to be implemented after they are relaxed.”  The aforementioned concept was incorporated into the Cabinet proposal to import environment-friendly electric vehicles and solar-powered vehicles, which is currently being formulated under the purview of Minister of Environment Mahindra Amaraweera.  Local reports quoted the Environment Minister as highlighting that vehicles running on fuel cause high levels of air pollution in Sri Lanka, which has become a serious enough problem to warrant the Environment Ministry’s attention. Thus, the Minister noted, the proposal aims to encourage the import of electric vehicles and solar-powered vehicles to protect the environment. Data from the US Department of Energy suggests that electric cars, EVs, or plug-in electric vehicles support sustainability, as they help keep the environment clean. 

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