Iran Drops Import Tax on Electric Cars and Hybrids

Asre Khodro: As reported in an article from the Tehran Times website, Iran has scrapped import tax on all electric and hybrid cars that have less than a ۲۵۰۰cc engine.

Iran Drops Import Tax on Electric Cars and Hybrids

Reporting “Asre Khodro”, the move is to “to boost domestic production and make the auto industry competitive” again after the administration of former president Mahmoud Ahmadinejad increased car import duties to as much as ۹۰ per cent in ۲۰۱۳. This resulted in, various people believe, in a deterioration of quality in the Iranian and allowed three major car manufacturers form an effective monopoly between them.

This is the first time Iran has dropped import duty on electric and hybrid cars and comes following an declaration from Iranian MP Ali Alilou who said that Iran is planning to drop all import tax on all vehicles within two years.

Many countries provide incentives for purchasing electric or plug-in vehicles over others, from the various Government and State level incentives in the US, to the UK Government grant all the way to Norway not charging purchase tax on the purchase of an zero emissions vehicle.

What do you think of Iran’s decision to drop import tax on electric and hybrid vehicles before that of traditionally powered vehicles? Let us know below.

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