THE National-Level Leading Committee on the Development of Electric Vehicles and Related Industries announced that arrangements are underway to allow the replacement of older, inefficient vehicles with electric vehicles (EVs).
The initiative aims to curb public fuel wastage, reduce
traffic accidents caused by weakened vehicle integrity, and minimize
environmental damage from excessive exhaust emissions. Under this scheme,
owners can import one suitable EV by voluntarily or systematically
deregistering classic or unserviceable vehicles.
Eligible categories include:
Vehicles over 20 years old from the year of manufacture.
Vehicles deemed beyond repair for safe driving.
Vehicles under 20 years old that are voluntarily deregistered
by their owners.
To apply, owners must submit the official Vehicle
Deregistration Certificate Form (d) issued by the Road Transport Administration
Department (RTAD). Following scrutiny and approval by the Leading Committee,
the Central Bank of Myanmar will sell the necessary foreign currency for the EV
import at an appropriate exchange rate.
Ministry of Commerce
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