News and Insights

Minpromtorg considers increasing import dues on electric vehicles

In order to stimulate domestic production, Russian Industry and Trade Ministry (Minpromtorg) proposes to increase coefficients used for recycling dues on new and used electric vehicles.

According to the suggested regulation, the coefficients could be increased 9 times to 14,4 from 1,63 for new vehicles, and almost 4 times to 24,1 to 6,1 for vehicles, older than three years.

Earlier this year the Ministry also suggested an increase of the base rate of recycling due — from 20,000 up to 25,000 rubles.

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