The Cambodian government has declared major tax cuts across a broad range of products, including electric vehicles (EVs), renewable energy equipment, and essential household appliances, in an effort to stimulate economic growth and accelerate the adoption of environmentally friendly technologies.
On Sunday, Cambodia’s General Department of Customs and Excise (GDCE) revealed that the government has issued Sub-Decree No. 52, dated March 26, revising customs duties and import-export tax rates on certain goods in response to rising fuel prices.
Under the new policy, many products will see import duties reduced or eliminated altogether.
Import duties on items such as EV charging equipment, electric rice cookers, and solar lamps will be reduced from 7% to 0. In addition, a wider range of products—including electric vehicle motors, solar power systems, lithium batteries, and other energy storage technologies—will see tariffs lowered from 15% to 0.
The tax reductions also apply to electric home appliances such as stoves and kettles, along with hybrid and fully electric vehicles—including HEVs, PHEVs, and all-electric models.
In a significant policy shift for the automotive industry, import tariffs on plug-in hybrid family vehicles (PHEVs) will be lowered from 35% to 7%, while duties on fully electric family vehicles (EVs) will be eliminated entirely, dropping from 35% to 0.
The new measure comes after a sharp surge in fuel prices following the conflict in the Middle East.
Beyond the import duty reductions, the government has also cut export taxes on bauxite, an aluminum ore, from 25% to 10%.
These revised tax rates will officially take effect on April 1.
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