Barbados Plans To Further Cut Import Duties On Electric Vehicles

• The government is working towards further reducing the duties on imported electric vehicles to support renewable energy goals. Minister of State in the Ministry of Foreign Trade and Business Development, Sandra Husbands, gave the assurance that the Barbados National Energy Policy’s goal of achieving 100% renewable energy by 2030 was still a reality.
• The objective was to improve Barbados’ energy security and resilience as well as to curb the country’s dependence on imported fuels.
• As the policy is built out, the government will implement measures to address energy consumption and efficiency within the transportation sector, conversion from fossil fuel use to electricity, transportation management, clean energy use and emissions control within the transportation sector.
• “This, in turn, will result in a sector that includes but is not limited to the operation of a greater percentage of electric vehicles and hybrid vehicles in the local fleet, utilisation of a skilled workforce to provide effective maintenance on electric vehicles, a greater number of renewable energy systems installed that can be used as charging stations for electric vehicles, carports and charging stations and the reduction of duties on the importation of electric vehicles,” Husbands said.

(Source: Barbados TODAY)