- Tram Ho
On January 15, Deputy Prime Minister Le Minh Khai signed and promulgated Decree 10/2022/ND-CP stipulating registration fees for many types of goods, including electric cars.
Specifically, Decree 10 stipulates that battery electric cars will pay the first registration fee at the rate of 0% from March 1, 2022, within 3 years. In the next 2 years, the tax rate will be equal to 50% compared to petrol and diesel cars with the same seats.
This is considered a move by the Government to encourage the development and use of electric and environmentally friendly cars at the right time when the electric car market is starting to take shape in Vietnam.
In December 2021, VinFast officially handed over the first VF e34 electric cars to customers. According to data from this company, in December 2021 and January 2022, the company delivered a total of 125 VF e34 units.
Another electric car model, the Porsche Taycan, is also officially sold in Vietnam. However, with the lowest price from 5.72 billion VND, this is not a popular car for most users.
However, this year, a number of manufacturers have planned to bring their electric cars to Vietnam, such as Kia EV6 in the second quarter or Mercedes-Benz EQS. Some Chinese manufacturers are also moving to bring electric cars to Vietnam.
With a 100% discount on the registration fee, the buyer will not be directly reduced to the price of the car, but will save a considerable amount on the rolling cost of the vehicle. For example, with the VF e34 model with a list price of 690 million VND, the amount of money users buying a car in Hanoi will save will be 82.8 million VND (12%), in some other localities it will be 69 million VND (10). %).
With an expensive model like the Porsche Taycan, the savings will be even greater, up to nearly 700 million VND for the lowest configuration model. With the most advanced version priced at 9.55 billion VND, the savings of users is more than 1 billion VND.
Compared with international markets, the registration fee support for electric cars in Vietnam is currently only considered an initial form of support. Many markets are applying a series of different support measures to accelerate the universalization of electric vehicles, such as direct subsidies for electric vehicle riders, priority parking, allowing access to priority lanes. , especially support for infrastructure development such as charging stations as well as incentives for manufacturers to reduce initial costs.
The US and many European markets have set specific targets for electric vehicle coverage by 2025 or 2030.
Source : Genk