Laos has set a goal for electric vehicles to make up at least 1% of the total number of vehicles in the country by 2025 and reach at least 30% by 2030. (Photo: VNA)
The Lao government has taken many measures and policies to encourage its people to use electric vehicles (EVs), as an effort to reduce fuel imports and save foreign currency while mitigating hazardous substances and ensuring energy security in recent years.
In 2019, the government introduced a number of incentives for the development of clean transport, towards environmental protection, whereby the country will reduce import tax, encourage production and assembly to lower the cost of electric vehicles in Laos.
In 2021, the government issued Resolution No. 04/NQCP on the adoption and application of the policy of using electric vehicles.
In addition, the government has encouraged the construction of plants to manufacture components, spare parts, and assemble electric vehicles for domestic use and export.
It also encourages the development of EV charging stations in urban and rural areas, and along national highways.
It has set a goal for electric vehicles to make up at least 1% of the total number of vehicles in the country by 2025 and reach at least 30% by 2030./.
VNA
