The country’s reconditioned vehicle importers have urged the government to withdraw the ban on imports of reconditioned and used electric vehicles (EVs), saying the restriction could deprive consumers of access to affordable and newer automotive technologies

The proposed budget grants significant duty benefits to EVs while raising the tax burden on popular reconditioned vehicles, particularly mid-range fossil-fuel-powered cars used by middle-income consumers

The association demanded duty cuts for hybrid and plug-in hybrid vehicles

Electric vehicles (EVs), including plug-in hybrids, will one day dominate the automobile market in Bangladesh as the demand for cars run on alternative fuel is slowly gaining ground, according to importers and distributors.