Research land and tax incentives for investors in electric vehicle charging stations

Deputy Prime Minister Tran Hong Ha requested ministries and branches to research support policies on land, planning, taxes and fees for investors in electric car charging stations and poles.

At the morning meeting on August 6, Deputy Prime Minister Tran Hong Ha asked the Ministry of Transport and other ministries to review and propose policies to encourage manufacturing and importing businesses and people to switch to means of transport. Use electric vehicles and green fuel.

Mr. Ha assigned the Ministry of Construction to guide localities to supplement planning on electric charging stations and poles in urban construction and transport infrastructure. He noted that there needs to be policies to support investors in charging stations and poles in terms of land, planning, taxes and fees.

A charging station for electric cars at a gas station in Hai Phong. Image: Mr. Minh

Along with that, the Deputy Prime Minister requested the Ministry of Industry and Trade to soon submit a mechanism for calculating electricity prices for charging stations. Last year, when developing a draft to amend the electricity retail tariff, the Ministry of Industry and Trade proposed that electricity for charging stations be applied according to business or production selling prices and time frames (normal, off-peak and peak), but now Currently this policy has not been finalized. At today's meeting, Mr. Ha noted that this price mechanism needs to be on the principle of direct support for electric vehicle users.

Regarding charging station planning, in the previous report, Deputy Minister of Construction Bui Xuan Dung said that the contents on construction and installation of charging stations have been included in the draft Law on Urban and Rural Planning, expected to be submitted for approval. authority issued before 2026.

Previously, according to Decree 95 detailing the Housing Law, from 1/8 of the highest ranked apartments (rank 1) according to the new criteria will have to meet many conditions, including the need to have an electric vehicle charging station. .

With incentive policies, according to Deputy Minister of Natural Resources and Environment Le Cong Thanh, many countries have switched from policies of supporting people to buy electric vehicles to building infrastructure, stations, and charging posts. In addition, they also have incentive policies to research battery production and tighten regulations and standards on emissions for vehicles.

In fact, developing green transportation and electric vehicle charging stations is part of the Action Program on green energy conversion and carbon emission reduction approved by the Prime Minister in 2022. Regulations on technical quality and safety , protect the environment with electric cars and motorbikes; The location and standards of electric charging posts... are also given by ministries and branches.

Deputy Prime Minister Tran Hong Ha at the meeting on August 6. Image: VGP

In addition, preferential policies to encourage the development of electric vehicles have been issued by the Government, such as a special consumption tax on battery-powered pure electric cars of 3% until the end of February 2. Recently, the Association of Automobile Manufacturers (VAMA) proposed to reduce this tax for hybrid cars (using gasoline and electric engines) to 2027-50% compared to conventional gasoline cars.

However, Deputy Prime Minister Tran Hong Ha said that the green energy conversion program does not have a clear focus or roadmap in the context that many countries are implementing strong related policies. Therefore, he assigned the Ministry of Transport to research and propose an inter-sectoral operating mechanism (ministries, branches, and localities) on infrastructure development for electric vehicles. This mechanism is similar to a number of steering committees for key transportation and energy projects.

Currently, the country has nearly 150.000 electric vehicle charging ports, according to Vietnam Electricity Group (EVN). However, the stations are mainly located in apartment buildings, shopping centers, parking lots, and gas stations. Charging stations on highways are very limited. Therefore, increasing investment in charging stations in this area will help users feel more secure when choosing electric vehicles as their main means of transportation.

HSBC estimates that Vietnam needs about 12,3 billion USD and 14 TWh of cumulative energy from now to 2040 to have enough charging stations and renewable electricity generation capacity for electric vehicles.

Source: https://vnexpress.net/nghien-cuu-uu-dai-dat-thue-cho-nha-dau-tu-tram-sac-xe-dien-4778400.html