Armenia will maintain the preferential quota for the import of 8,000 electric vehicles in 2025, but will modify the allocation mechanism.
Emma Movsisyan, director of the Trade and Integration Department of the Ministry of Economy, announced that 5,000 of the vehicles will be allocated to individuals, legal entities and individual entrepreneurs, and the remaining 3,000 vehicles will be reserved for companies with dealership and distribution agreements, according to the Armenian News Agency.
Movsisyan pointed out that the exemption of import tariffs on electric vehicles has been in place for many years. However, according to the regulations of the Eurasian Economic Union, the number of electric vehicles imported into Armenia under preferential policies cannot exceed 8,000 per year.
The main suppliers of electric vehicles to Armenia are the UAE, the United States and China. It is worth noting that the share of Chinese electric vehicles in the Armenian market continues to increase steadily.
Most of the imported vehicles were produced in 2022-2024, and since the batteries are relatively new, they have a longer service life.
