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April 29, 2022
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Edison Broce: ‘When we talk about electric mobility we are talking about economic opportunity for the country’

The independent deputy and proponent of Law 162 that encourages electric mobility in the country, Edison Broce, highlighted the benefits that this regulation will have, which was sanctioned this week by President Laurentino Cortizo.

He stressed that at this time there is a lot of economic opportunity for countries that are investing in green activities and renewable energy. “When we talk about electric mobility we are talking about an economic opportunity for the country, not only from the point of view of the sale of electric vehicles in Panama, but also the recharging of those vehicles. Panama is a country that generates energy, not oil” , accurate.

Among some specific benefits of this regulation is the exemption from the import tax when buying your electric car, in addition, the municipalities will manage the exemption from the payment of the vehicle registration plate for a period of five years, counted from the date of purchase of new electric cars. , and from the date of promulgation of the Law for electric cars previously acquired.

There will also be preferential parking lots and they will have green signage.

“Panama has taken a giant, important step, being one of the few countries in the region that today has an electric mobility law. Those more than $6 billion that Panama spends on oil refining is money that can remain in Panama,” Broce said.

With this new norm, the public institutions of the National Government, autonomous and semi-autonomous, must progressively replace their fleet of vehicles that use fuel, for electric cars. As of the year 2025, 10% of the vehicles of public entities and collective and selective transport must be electric; in 2027 that percentage increases to 25% and in 2030 it will be 40% electric cars.

In the case of mass transportation, collective and selective public transportation certificates, a minimum of 10% of the car fleet must be electric in 2025; for the year 2027 the percentage increases to 20% and in 2030 a 33%.



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