Zimbabwe cuts import duty on electric vehicles to 25% in 2025 to boost eco-friendly transport.
Zimbabwe's Finance Minister Mthuli Ncube has proposed reducing import duty on electric vehicles from 40% to 25% starting January 2025 to boost eco-friendly transportation. The move is part of efforts to reach a 33% market share for EVs by 2030 and includes extending duty rebates for equipment used in solar-powered EV charging stations.
November 28, 2024
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