Energy Ministry To Waive Import Fees on Electric Vehicles

Energy Ministry To Waive Import Fees on Electric Vehicles. The Ministry of Energy of Ghana will be looking to waive a 100% import fee on electric vehicles coming into Ghana as it works closely with the Ministry of Finance.

Energy Ministry To Waive Import Fees on Electric Vehicles

The proposed import waiver is part of an initiative is to help drive the penetration of electric vehicles into the Ghanaian automobile market.

This announcement was made by Dr. Matthew Opoku Prempeh, the Minister of Energy, at an E-mobility Conference. The minister said as part of the incentives, the Ministry of Finance would put in measures that would encourage people to move into the adoption of electric vehicles.

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These vehicles are expensive and people need these incentives to be able to adopt the initiative of moving onto electric vehicles,” he added.

The Minister advised that individuals and companies installing charging stations in residential, office and public spaces registered with the Energy Commission and adhered to the highest standards in anticipation of the charging station standards and regulations.

According to the International Energy Agency, there are over 10 million electric vehicles in operation worldwide, making it clear that the world was moving away from conventional automobile engine vehicles to electric ones.