THE National-Level Leading Committee on the Development of Electric Vehicles and Related Industries announced that arrangements are underway to allow the replacement of older, inefficient vehicles with electric vehicles (EVs).

The initiative aims to curb public fuel wastage, reduce traffic accidents caused by weakened vehicle integrity, and minimize environmental damage from excessive exhaust emissions. Under this scheme, owners can import one suitable EV by voluntarily or systematically deregistering classic or unserviceable vehicles.

Eligible categories include:

Vehicles over 20 years old from the year of manufacture.

Vehicles deemed beyond repair for safe driving.

Vehicles under 20 years old that are voluntarily deregistered by their owners.

To apply, owners must submit the official Vehicle Deregistration Certificate Form (d) issued by the Road Transport Administration Department (RTAD). Following scrutiny and approval by the Leading Committee, the Central Bank of Myanmar will sell the necessary foreign currency for the EV import at an appropriate exchange rate.

Ministry of Commerce

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