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2024-08-27 14:18:30
There are three types of hybrids on the market that have tax benefits due to their positive characteristics for the environment; Ecuador is the only country that subsidizes micro-hybrid cars that prioritize the use of fuels.
The Government is considering withdrawing the tax benefits to micro-hybrid vehicles, also called light hybrids or mild hybrids (MHEV). Their poor fuel economy and the small reduction in emissions polluting gases Compared to conventional hybrids are the main motivations.
In mid-July, the Minister of Economy, Juan Carlos Vegamentioned that public policy should benefit vehicles that “really have electric propulsion and reduce fuel consumption.” This, in order to address environmental needs.
The national vehicle fleet is made up of 99% cars that run on fuel. The minority (1%) are hybrids. In this group are the MHEVs that only save between 5 and 10% of gasoline compared to a regular one.