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Bangladesh could look to reduce the import duties for a fixed period, say one year, to encourage people to buy electric cars.
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While the number of electric three-wheelers has increased drastically in recent years, electric cars are yet to gain a significant foothold in the country. Consumers’ purchasing capacity and motivation remain difficult hurdles to the uptake of electric cars. Stakeholders believe that the rollout of electric cars would require further policy support.
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While a cash incentive to electric car owners may not be a viable option amid the challenges Bangladesh is grappling with, it may reduce the import duties for a fixed period, say one year, to encourage people to buy electric cars. Like India, the government of Bangladesh may consider providing tax benefits to electric car owners.
Electric car owners will prefer convenient locations with quick charging facilities. Likewise, conscious car owners will value quality charging systems. The capital expenditure required for sufficient charging facilities may not make the business viable for the private sector. However, given that the primary goal of utilities is to sell electricity, the charging stations will further help enlarge their consumer base and increase revenue.
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Utilities may further explore the opportunities to make the future charging ecosystem for electric cars greener, supported by solar energy.
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John Harrison
Co-Founder
John Harrison
Co-Founder
John Harrison
Head of Sales
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(+88) 01798-061218
Location
sector 7, Rod-1201, Uttara, Dhaka, Bangladesh.
tarekaziz0179@gmail.com
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Mon:10am – 5pm
Tue: 10am – 5pm
Wed: Closed
Thur: 10am – 5pm
Fri: 10am – 3pm
Sat: 10am – 3pm
Sun: Closed