With the goal of promoting and encouraging the use of electric vehicles (EVs) in Cambodia, the government — through the Ministry of Economy and Finance — has announced that it will reduce the road tax rates charged for various types of EV.
An August 21 statement from the ministry explained that the reductions are in line with the government’s decision to boost EV usage and support the National Policy on Electric Vehicle Development 2024–2030.
The reduced rates apply to categories of EV that fall under Article 4, and include passenger cars, small four-door cargo EVs (e.g., pickups) and light passenger vehicles.
According to today’s announcement, the new rates will be based on the age of the vehicles.
The owners of fewer than five year old EVs will pay between 100,000 and 800,000 riel.
Five to ten year-old EV owners will pay between 80,000 and 400,000 riel, while the owners of EVs which are more than ten years old will pay from 60,000 to 200,000 riel.
The rated power of each individual rate will determine the precise figure.
According to the Ministry of Public Works and Transport, in 2024, a total of 2,253 EVs were registered in Cambodia, a 620% increase over 2023.
The most popular brands were BYD, Toyota and Tesla. In addition to electric cars, the number of electric tuk tuks and motorbikes is also on the rise.
Under the National Policy on EV Development 2024–2030, the government is offering tax incentives for local investment in EV assembly — including motorcycles and tuk tuks — by reducing the total import tax rate (covering customs duties, special tax, and VAT) by 50 to 90%.
The tax on domestically assembled EVs has been reduced from 60% to 100%, depending on the level of localisation.
