Guatemala City Energy Storage Vehicle Equipment

Why is Chile a leader in electric mobility?

Chile is considered one of the leading countries in electric mobility, primarily for being a pioneer in the electrification of public transportation. Under the Energy Efficiency Law, the Ministry of Energy issued a resolution modifying the durability life and accelerated depreciation of electric, hybrid, and zero-emission vehicles.

Are hydrogen vehicles exempt from VAT in Guatemala?

Hydrogen vehicles, for any use, imported, assembled, or produced in Guatemala, are exempt from import VAT and the First Registration Tax (Iprima) for up to 10 years. For local VAT, it is only for the first sale or transfer of ownership. In the first five years, the exemption is 100%, and then gradually decreases.

What incentives are available for electric vehicles in Latin America?

Some Latin American governments and entities have implemented a series of fiscal and non-fiscal incentives aimed at promoting the purchase of electric vehicles, such as tax exemptions, discounts on vehicle ownership taxes, toll reductions, and unrestricted circulation.

Do electric vehicles have access to public parking in Latin America?

In addition, similar to other Latin American countries, electric vehicles are exempt from circulation restrictions throughout the national territory and have access to preferential public parking. This initiative stipulates that 2% of the total parking spaces should be allocated to electric vehicles.

What are the benefits of electric vehicles in Costa Rica?

An important benefit is that electric vehicles are not subject to the vehicle circulation restriction in the metropolitan area and are exempt from parking meter fees. Finally, the “Marchamo,” the tax that allows the right of circulation in Costa Rica, was modified in recent months:

Are electric vehicles tax free in Colombia?

Under the protection of Law 1964 of 2019, municipalities in Colombia can develop their own incentives, such as discounts on registration or local vehicle tax, special rates in parking lots, or tax exemptions. Electric vehicles are exempt from Value Added Tax (VAT), Excise Tax (ICE), and tariffs.