Speaking during the First Extraordinary Session of the 10th National Assembly on July 8, Prime Minister Sonexay Siphandone said the government has introduced a series of policies and measures to encourage wider adoption of electric vehicles while reducing dependence on imported fuel.
As part of these efforts, the government has temporarily suspended imports of fuel-powered light vehicles. Over the past three months, imports of electric and alternative-energy vehicles—excluding two- and three-wheelers—reached 5,514 units with a total value of US$101.6 million, representing a 140.7 percent increase compared with the same period last year.
The Prime Minister said the government is also reviewing and updating regulations on land transport to keep pace with the rapid growth of the EV market. Authorities are studying appropriate retail pricing mechanisms for electric vehicles to ensure fair prices for consumers and prevent market distortions.
To strengthen policy implementation, the government has established a National Steering Committee to oversee the promotion of electric vehicles and alternative energy nationwide.
Sonexay added that consumer confidence remains a key priority. Therefore, only companies that are officially authorized and equipped with after-sales service centres will be permitted to import electric vehicles, ensuring comprehensive maintenance and technical support for EV owners across the country.
The government views the expansion of electric vehicle use as an important component of its broader strategy to improve energy efficiency, reduce fuel consumption, and promote sustainable economic development.