The Colombian ministries of economy and environment have approved the reduction of import tariffs on electric and hybrid vehicles (and recharging points) over the next three years. 

This measure will cover 750 electric vehicles and 100 recharging points a year without tariffs, no matter the segment (passenger cars, SUVs, buses, trucks, etc). It also includes 750 plug-in hybrids with combustion engines of less than three litres, but, in that case, tariffs will be reduced from 35% to 5%.

The vehicle and its recharging device must not cost more than US$52,000 FOB to be included.

A previous concession permitted the import of just 100 green vehicles a year and no car brand bothered.

It also paves the road for the Renault-Codensa-EPM alliance (the automaker, a private electricity distribution company and the Medellín city utility) to begin to sell electric cars at least in that city.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.