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Government promotes purchase of electric vehicles for public and private transportation in Ecuador
Posted On 02 May 2019
Ecuadornews:
Quito – BanEcuador will offer loans for transporters of light transport cooperatives with interest rates of 9.8% for electric vehicles. Credits range from $ 59,100 for fixed assets and up to $ 7,000 for working capital.
The payment term ranges from two to five years. The financing of the National Financial Corporation (CFN) is destined for the acquisition of fleets of public transport, charging infrastructure and support of electric modality. The interest rate goes from 7.5% readjustable every 90 days.
Meanwhile, Banco del Pacífico will provide credits for new electric vehicles to authorized dealers in the automotive market. The interest rate goes from 12.50% to 13.50%.
The Vice President of the Republic Otto Sonnenholzner said that the technology for electric mobility allows to have a friendly transport with the environment.
Among other benefits of the use of this type of transport are the reduction of subsidy levels and the reduction of imports of derivatives, he said. The public loading points are under analysis.
There are 20 units already in operation in Guayaquil and they expect 100 to work for this year. The president of BanEcuador Jorge Wated added that they also seek the involvement of taxi drivers.
The president of the CFN Juan Carlos Jácome said that the Decentralized Autonomous Governments should attach their ordinances to promote 100% electric mobility.
The Executive President of Banco del Pacífico Efraín Vieira said that more and more countries are abandoning gasoline and diesel cars and therefore promote this type of vehicle. Currently, these vehicles reach 600 kilometers with a single load. (I)
