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The government of Laos will not impose import restrictions on electric vehicles to help promote them, but vehicles imported and marketed in Laos must fulfil international standards for quality, safety, after-sales services, maintenance, and waste management.
Meanwhile, the government’s new policy encourages companies to build factories to manufacture electric vehicle parts and other components, as well as to invest in the creation of electric vehicle charging stations across the country.
Electricity du Laos (EDL) has been designated as the service provider for charging station installation, with the state-owned power utility told not to levy meter fees to residents or companies who use charging stations.
The Laos Electric Car Market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
The BYD Han comes in two versions: the Han EV, which is all-electric and has a NEDC range of 605 kilometers, and the Han DM, which is a hybrid and has a range of only 81 kilometers on pure electric power.
The Han EV sprints from zero to 100 kilometers per hour in 3.9 seconds, similar to a supercar, and will introduce a new business car driving experience to Laos. BYD has struck a strategic collaboration deal with LOCA, Laos’ largest ride-hailing platform. In addition, BYD intends to supply 100 all-electric passenger cars to Laos.
To comply with the Lao PDR Government’s COVID-19 limitations, including mask-wearing and social distancing, Jaguar Land Rover, a Gold Sponsor of the British Business Group in Lao PDR (BBGL), held various events at the Vientiane Convention Centre to launch their Jaguar I-Pace All Electric Car.
The Jaguar I-PACE is a completely electric vehicle that represents a fresh and unique concept in the automotive industry, especially for two prestigious brands: Jaguar and Land Rover.
