The Quota for Electric Vehicles Imported to Armenia Remains, Distribution Principles Changed

In 2025, 8,000 electric vehicles will be imported to Armenia under preferential conditions. This was announced to Armenpress by Emma Movsisyan, head of the Trade and Integration Department of the Ministry of Economy of the Republic of Armenia. She noted that the import tariff exemption for electric vehicles has been in effect for several years, but according to the relevant legal acts of the Eurasian Economic Union, the number of vehicles imported to Armenia under this regime cannot exceed 8,000. Notably, this quota was also the same in 2024.

This means that the owners of the first 8,000 electric vehicles imported into Armenia this year will not pay the customs duties and value-added tax set for imports. In 2025, the distribution rules for the 8,000 electric vehicle import quota have been revised. Movsisyan stated that physical and legal entities as well as individual entrepreneurs can this year import a total of 5,000 such vehicles under preferential conditions, while entities with dealership and distribution contracts can import 3,000 of these vehicles.

Movsisyan also mentioned that until 2024, the electric vehicle import exemption quota has not been fully utilized in Armenia. In particular, around 5,000 vehicles were imported under such conditions in 2023, while the tariff quota had already been exhausted by November 1 of the previous year.

According to her, electric vehicles are primarily imported from the United Arab Emirates, the United States, and China. Notably, there has been an increase in the number of vehicles produced in China. Most of the vehicles dominate productions from 2022 to 2024 which, having relatively new batteries, are subject to longer operational life. “The interest in electric vehicles is driven by two factors: the desire to acquire a modern vehicle and the fact that their charging is more economical. Perhaps it is also influenced by the concern that Armenia may no longer have this exemption in terms of customs duties,” she noted.