Treasury halves levy on electric vehicles to 10pc

Electric buses in Geneva, Switzerland. The Kenya Government seeks to reduce duty on electric vehicles carrying more than 10 people. FILE PHOTO | NMG

Kenya could start commercial use of electric vehicles in matatu business after taxes were halved in the Budget.

The Government has proposed changes to the tariff structure reducing duty for electric vehicles carrying more than 10 persons from 20 percent to 10 per cent.

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Note: The results are not exact but very close to the actual.