Industry experts have highlighted that tax incentives alone are inadequate to accelerate the growth of electric vehicle (EV) charging stations. According to stakeholders, the expansion of the charging network is currently being hampered by unreliable electricity supply and low financial returns on investment. They emphasize that ensuring a stable power supply is critical for the development of the sector.
Economy
Power reliability and low returns hinder EV charging network growth
Industry leaders argue that tax incentives are insufficient to boost EV charging infrastructure without addressing power reliability and profitability concerns.
Source: TBS Bangladesh