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In Ukraine plan to cancel all taxes on electric cars

В Украине планируют отменить все налоги на электромобилиThe Ministry of infrastructure consider that the proposed set of incentives will ensure the consistent development of the electric car market in the country.

In the Ministry of Infrastructure set itself a very ambitious goal — by 2020 to receive a share of electric vehicles in total sales of cars in Ukraine of at least 15%. As the Ministry reported, the main goal is to turn Ukraine into a ” hub ” for the production of high-tech products, which are including modern electric cars and their infrastructure.

Second is the provision for all Ukrainians the opportunity to acquire environmental transport (more affordable new or used), instead of forcing them to drive old cars exported from Europe due to the inconsistency of environmental regulations. Thirdly, there is the need to provide businesses with the tools for growth at the expense of the ability to save on fuel and maintenance of electric vehicles.

“The rapid development of the market, we plan temporarily, until 1 January 2023, to exempt from VAT the import and further supplies the electric vehicles and charging stations. We also exempt such vehicles from the payment of excise duty. Here we avoid the buses because it is the only, except trolleybuses, view wheeled electric vehicle, which we, though slowly, but produced in Ukraine, — said Vladimir Omelian.

Until 1 January 2028, it is planned to cancel import VAT on components for electric vehicle and charging stations. At this stage, it is the beginning of mass production of electric vehicles in Ukraine. Finally, the third component of the reform provides for temporary, until January 1, 2033, the zero rate of VAT on produced in Ukraine electric vehicles, accessories, charging stations and accessories, the source said.

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