2018/19 Budget Communication 2018_2019 BUDGET COMMUNICATION | Page 89

• we are reducing the excise duty on rechargeable batteries, other than conventional car batteries, down to 10 per cent; and • we are increasing the environmental levy on all vehicles from $200 to $250. In respect to vehicles, the express policy intent is to expand and enhance the noteworthy policy objective of the former administration to encourage the import and sale of more fuel efficient cars and trucks. Through this policy that we are today expanding, the country has seen a rise in the import and use of electric and hybrid vehicles and a build up of the support systems for same. This administration wishes to continue to encourage a transition to same. I wish to point out that we are restricting the landed price ceiling to $50,000 for hybrids and electrical vehicles to avoid persons 86