According to the new policy, pure electric vehicles will continue to implement an import tariff of 10% and cancel the previously imposed surcharge; hybrid vehicles will cancel the original surcharge of 30% to 40%, and only need to pay import tariffs and value-added tax...

According to an announcement issued by the Sudanese Customs Force, the Sudanese Ministry of Finance has approved the formal inclusion of hybrid vehicles (Hybrid) in the scope of preferential tariff policies. This means that on the basis of previously encouraging the import of pure electric vehicles, hybrid vehicles have also begun to enjoy tax support. The policy goal is to reduce fuel consumption and promote the popularization of energy-saving and environmentally friendly transportation vehicles.

The announcement showed that the adjustment was proposed by the Sudan General Administration of Customs and approved by Finance Minister Gibril Ibrahim. According to the new policy, pure electric vehicles will continue to implement an import tariff of 10% and cancel the previously imposed surcharge; hybrid vehicles will cancel the original surcharge of 30% to 40%, and only need to pay import tariffs and value-added tax. This means that the comprehensive import tax burden on hybrid cars will be significantly reduced, and the import cost is expected to be further reduced.

Sudanese Customs said this measure will help importers and consumers purchase hybrid cars at a lower cost and will also help increase the share of energy-saving models in the local market. Officials believe that the new policy is in line with Sudan's overall direction of promoting economic reform, optimizing energy consumption structure and achieving sustainable development.

It is worth noting that Sudan's recent support for new energy vehicles is not an isolated policy. Previously, the government has implemented tariff concessions for pure electric vehicles, but this time, hybrid cars have been included in the scope of preferential treatment, further expanding policy coverage. At the same time, Giad Group, a local Sudanese company, has also announced plans to cooperate with China companies to produce and assemble hybrid cars and electric vehicles, indicating that the local government hopes to gradually develop new energy vehicle manufacturing capabilities in addition to imports.

Analysts pointed out that Sudan currently relies entirely on imported refined oil products. Since the shutdown of the Khartoum refinery due to the war, fuel supply and cost pressures have further increased, and reducing fuel consumption has become an important economic goal of the government. In this context, the promotion of hybrid cars and electric vehicles is not only of environmental significance, but also directly related to alleviating fuel import pressure and reducing social operating costs.

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Sudan's expansion of tariff preferences reflects that local automobile policies are gradually tilting towards energy conservation and new energy, and hybrid cars will become products with more policy advantages than traditional fuel vehicles. If local assembly cooperation between Sudan and China companies continues to advance in the future, in addition to vehicle exports, new opportunities may also emerge in areas such as parts, power batteries and after-sales services. However, while policies are favorable, we should also fully consider the local market environment and trade risks and insist on conducting business in a compliant and stable manner.

Source:https://sudantribune.net/article/316267

Source: Guangdong Good Car

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