The proposal reclassifies electric motorcycles, buses and bicycles, as well as solar batteries and lithium-ion batteries -- which EVs use – from zero-rated to VAT-exempt.
By
Dennis Musau
Technology Correspondent
Nation Media Group
Habib Lukaya was optimistic that Kenya’s incentives for electric vehicle (EV) assemblers would spur growth of the nascent sector as the country positions itself as an e-mobility leader in Africa.
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Kenya plans to introduce value-added tax (VAT) on electric buses, lithium-ion batteries and electric bicycles.
Kenya wants to impose 16% VAT on electric vehicles, batteries and electric bicycles, a move that could slow the rapid growth of…
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Haryana Transport Minister Anil Vij announced plans for 100% tax exemption on electric vehicle purchases and the procurement of…
The Treasury is facing falling fuel duty revenue as more people make the switch from petrol to electric cars
Framework places both plug-in hybrids and combustion engines in 1pc sales tax category with e-vehicles.
