Sunday, April 21, 2024

Electric car importer in limbo

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AS GOVERNMENT PUSHES for a greener Barbados, a company involved in the alternative energy sector says things are going from green to brown for it.

That’s because the company has more than $1 million in electric cars stalled in a warehouse in Europe because Government has put a hold on the importation of electric cars until it can make a decision on what duties and taxes are to be paid on such cars.

Chief executive officer of MegaPower, Simon Richards, revealed to the DAILY NATION yesterday that 15 electric cars for which buyers have already made deposits to the company cannot be shipped to the island because a hold has been put on the importation of these vehicles since last November until they could be properly classified.

Please read the full story in today’s Daily Nation, or in the eNATION edition.

Email: geralynedward@nationnews.com  

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