Mandatory adherence to rules for EV-importing companies

A committee on the development of importation, installation and investment of electric vehicles and associated businesses emphasized that actions will be taken if EV importing companies fail to comply with the rules regarding EVs and related components.


Some companies are found to be making pre-order sales at showrooms and through social networks.
The committee held coordination meetings with EV importing companies in April and June and has already notified them that they are not to make more than 20 per cent profit on CIF price, not to advertise online and not to make pre-orders without vehicles arriving at the Port.


If the companies violated those policies, they will get their export/import licence revoked and face legal actions under the Consumer Protection Law, the committee warned.

More News

Rising Malaria Threat: How to Keep Your Workforce Healthy YANGON, MYANMAR, 25 APRIL 2024 – Malaria remains a significant global threat, causing over...
World Health Day serves as a timely reminder for businesses to prioritise employee health and wellbeing, a key driver of organisational performance...
Yangon, 19 March 2024 - JobNet JobNATION, Myanmar’s largest career fair, is set to take place on 18th May 2024, at Novotel Yangon Max Hotel. This one...
Connect. Develop. Grow.