By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sarajevo TimesSarajevo TimesSarajevo Times
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Search
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Reading: Why is BiH importing fewer and fewer electric Cars?
Share
Font ResizerAa
Sarajevo TimesSarajevo Times
Font ResizerAa
  • HOME
  • POLITICS
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
  • SPORT
  • ARTS
  • W&N
Search
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Follow US
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2012 Sarajevo Times. All rights reserved.
Sarajevo Times > Blog > WORLD NEWS > Why is BiH importing fewer and fewer electric Cars?
WORLD NEWS

Why is BiH importing fewer and fewer electric Cars?

Published July 30, 2024
Share
SHARE

Electric vehicles have been talked about for the last few years as the vehicles of the future. There are several reasons: they significantly reduce the emission of harmful gases compared to fossil fuel vehicles, their maintenance costs are lower, as well as the price of fuel, since electricity is often cheaper than gasoline or diesel.

However, their long-announced bright future this year is marred by statistics, which, when it comes to our country, show that in the first six months of this year, 106 electric vehicles were imported into Bosnia and Herzegovina (BiH), which, compared to the same period last year, about 15 percent less when 125 such vehicles were imported. At the same time, there was a large increase in the import of hybrid vehicles by over 70 percent.

Penetration of Chinese brands

The delay in the adoption of subsidies may be one of the reasons for the drop in the import of electric vehicles in BiH in the first and second quarter of this year, believes Armin Hodzic, director of the energy sector at the Chamber of Commerce of the Federation of BiH (FBiH), while the sale of hybrid vehicles, he notes, traditionally goes well in BiH, regardless of this government stimulus measure.

In the context of Europe, the offer of electric cars from the Chinese market, which European manufacturers cannot keep up with either in terms of price or quantity, as well as the reduction of subsidies for the purchase of electric cars in the European Union (EU), are also, he points out, the reasons why customers are recently oriented towards hybrids and not electric vehicles.

“Subsidies in BiH amount to; ten thousand for the purchase of electric vehicles, and five thousand BAM for the purchase of hybrid vehicles, and last year they were adopted in April. This year they are late, they are in the final phase, and we are waiting for their adoption in the FBiH parliaments,” Hodzic explained.

The price of lithium is falling

The price of electric cars since their appearance on the market has been higher compared to the price of other, commercial vehicles, where states have tried to encourage buyers to opt for this type of car with subsidies. BiH was no exception either, which regulated this area in such a way that it reduced the customs duty on the import of electric vehicles from 5 to 0 percent, and hybrids from 15 to five percent, Forbes writes.


E.Dz.

Azerbaijan is getting closer to China and is seeking Investment through new Businesses

The Balkans could soon get a new State

Netanyahu: We will fight even if the US stops Military Aid

A Teacher in Bosnia developed the Application “Can I go out”

Thai Police seize 50 Million Pills of Methamphetamine

Share This Article
Facebook Whatsapp Whatsapp Telegram Threads Bluesky Email Print
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article McDonald’s Sales fall globally for First Time in more than Three Years
Next Article Stronger action to identify victims and protect the most vulnerable needed, say OSCE Leaders
Leave a Comment Leave a Comment

Leave a Reply Cancel reply

You must be logged in to post a comment.

Stay Connected

10.2kFollowersLike
10.1kFollowersFollow
414FollowersFollow

Latest News

Hungarians take over NIS, Framework Agreement signed
January 19, 2026
Iconic Fashion Designer Valentino passes away
January 19, 2026
Japan Prepares to Restart the World’s Largest Nuclear Power Plant
January 19, 2026
Becirovic sends Letter of Condolences to King Felipe VI and Sánchez: Our Thoughts Are With the Families
January 19, 2026
Egyptian Ambassador Meets Speaker of BiH House of Peoples, Discusses Strengthening Cooperation
January 19, 2026
Covic spoke with Plenkovic about Bilateral Relations
January 19, 2026
BiH Foreign Minister meets the President of the Bahrain Chamber of Commerce
January 19, 2026
Sabah Ski On Bjelasnica Brought Together More Than 1.000 Skiers And Snowboarders
January 19, 2026
Trump threatens Norway in Letter: “I don’t have to think only about Peace anymore”
January 19, 2026
“Very important to act as quickly as possible in Parliament and adopt the ‘European Judicial Laws’”
January 19, 2026
Sarajevo TimesSarajevo Times
Follow US
© 2012 Sarajevo Times. All Rights Reserved.
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
Go to mobile version
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?