{"id":629882,"date":"2018-04-03T04:06:42","date_gmt":"2018-04-03T04:06:42","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/03\/eama-wants-to-get-electric-cars-exempted-from-vat-and-custom-duties\/"},"modified":"2018-04-03T04:06:42","modified_gmt":"2018-04-03T04:06:42","slug":"eama-wants-to-get-electric-cars-exempted-from-vat-and-custom-duties","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/03\/eama-wants-to-get-electric-cars-exempted-from-vat-and-custom-duties\/","title":{"rendered":"EAMA wants to get electric cars exempted from VAT and custom duties"},"content":{"rendered":"

The Egyptian Automotive Manufacturers Association (EAMA) will be meeting with the ministers of environmental affairs and trade and industry to discuss a proposal to grant imported electric cars exemptions from custom duties and the value-added tax, EAMA boss Khaled Saad said yesterday, Al Mal reports<\/a>. The proposal means to incentivize consumers to make the switch to electric cars once they become available in the Egyptian market. Trade and Industry Minister Tarek Kabil had issued a decision on Saturday<\/a> allowing imports of used electric cars that are under three years old. Revolta Egypt also announced that its first batch of Tesla electric cars would hit the market by mid-April. Critics of Kabil\u2019s decision<\/a> had said that Egypt lacked the infrastructure for electric-powered cars, which they said were also incompatible with current economic conditions considering their hefty prices compared to regular autos.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Egyptian Automotive Manufacturers Association (EAMA) will be meeting with the ministers of environmental affairs and trade and industry to discuss a proposal to grant imported electric cars exemptions from custom duties and the value-added tax, EAMA boss Khaled Saad said yesterday, Al Mal reports. The proposal means to incentivize consumers to make the switch […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9291],"tags":[2370,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-629882","post","type-post","status-publish","format-standard","hentry","category-automotive-transportation","tag-automotive-transportation","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"09f505c5-eca6-4ae2-b488-a79fc277ab11","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"EAMA wants to get electric cars exempted from VAT and custom duties","related_issue":[629846],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.f4e331b0-e8ed-47fd-b6ef-88ce44730f08.mp3"},"yoast_head":"\nEAMA wants to get electric cars exempted from VAT and custom duties - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/03\/eama-wants-to-get-electric-cars-exempted-from-vat-and-custom-duties\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EAMA wants to get electric cars exempted from VAT and custom duties\" \/>\n<meta property=\"og:description\" content=\"The Egyptian Automotive Manufacturers Association (EAMA) will be meeting with the ministers of environmental affairs and trade and industry to discuss a proposal to grant imported electric cars exemptions from custom duties and the value-added tax, EAMA boss Khaled Saad said yesterday, Al Mal reports. The proposal means to incentivize consumers to make the switch […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/03\/eama-wants-to-get-electric-cars-exempted-from-vat-and-custom-duties\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-04-03T04:06:42+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/03\/eama-wants-to-get-electric-cars-exempted-from-vat-and-custom-duties\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/03\/eama-wants-to-get-electric-cars-exempted-from-vat-and-custom-duties\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"EAMA wants to get electric cars exempted from VAT and custom duties\",\"datePublished\":\"2018-04-03T04:06:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/03\/eama-wants-to-get-electric-cars-exempted-from-vat-and-custom-duties\/\"},\"wordCount\":153,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Automotive + Transportation\",\"EnterpriseAM\"],\"articleSection\":[\"Automotive + Transportation\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/03\/eama-wants-to-get-electric-cars-exempted-from-vat-and-custom-duties\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/03\/eama-wants-to-get-electric-cars-exempted-from-vat-and-custom-duties\/\",\"name\":\"EAMA wants to get electric cars exempted from VAT and custom duties - 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The Electricity Ministry will not subsidize electricity sold to recharge electric vehicles, Electricity Minister Mohamed Shaker is quoted as saying by the domestic press. To do so would only inflate the nation\u2019s subsidy bill. 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