The State Revenue Committee (SRC) has released the remaining quota for the import of electric vehicles with customs duty exemption as of February 14, 2025. The quota set for 2025 was 8,000 units, of which 3,000 were allocated for companies importing under dealer-distributor agreements directly with the manufacturer, and 5,000 for other importers.
Quota Distribution and Utilization
According to the Armenian government’s decision of November 28, 2024, the quota was distributed as follows:
- 3,000 units for importers with dealer-distributor agreements
- 5,000 units for other importers (including individuals)
SRC data shows that as of February 14, 2025, the following has been processed under the customs duty exemption:
- 412 units (13.7%) by importers with dealer-distributor agreements
- 4,067 units (81.3%) by other importers
Remaining Quota
Therefore, as of February 14, 2025, the remaining quota for the import of electric vehicles with customs duty exemption is:
- 2,588 units for importers with dealer-distributor agreements (1,000 – 412)
- 933 units for other importers (5,000 – 4,067)
- Total: 3,521 units
Importance of Promoting Electric Vehicle Imports
The customs duty exemption for importing electric vehicles is an important step in promoting the development of electric transport in Armenia. It contributes to environmental protection, reduces fuel dependence, and encourages the adoption of new technologies. This initiative aligns with global trends towards sustainable transportation and helps position Armenia as a forward-thinking nation in environmental policy. Further analysis of the quota utilization rate can provide insights into market trends and inform future policy adjustments to maximize the benefits of this program.