Electric vehicle use rising in Sri Lanka as economy and environment benefit

Electric vehicle use rising in Sri Lanka as economy and environment benefit

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Chairman of New Energy Vehicle (NEV) Importers Association Mahinda Herath told the Daily News that the use of electric vehicles (EVs) in Sri Lanka is steadily increasing, reflecting a growing shift towards cleaner and more cost-efficient transportation. Industry data shows that EVs accounted for around 10 percent of passenger vehicle imports in 2025, highlighting the rapid adoption of electric mobility after the easing of vehicle import restrictions.

According to market analysts, more than 6,400 fully electric cars were imported in 2025, while hybrid vehicles accounted for nearly 29 percent of total vehicle imports, indicating a clear transition away from conventional petrol and diesel vehicles.

Economists say the rise in EV usage can be seen as a positive sign for the Sri Lankan economy in the long term. One of the key benefits is the potential reduction in the country’s heavy fuel import bill, as transportation accounts for a large share of petroleum consumption. Greater EV adoption could therefore help ease pressure on foreign exchange reserves and improve energy security. In addition to economic benefits, EVs also offer significant cost savings for individual users.

“Electricity-powered vehicles generally require lower running and maintenance costs compared to traditional internal combustion engine vehicles. With fuel prices remaining volatile, many consumers view EVs as a practical long-term investment,” Herath added.

Environmental benefits are also a major factor driving the shift. Electric vehicles produce zero tailpipe emissions, helping reduce urban air pollution and greenhouse gas emissions. Experts note that promoting electric mobility aligns with Sri Lanka’s broader climate and sustainability goals, particularly as the country increases its reliance on renewable energy sources such as hydro and solar power, he added.

Another positive trend is the gradual move of EVs beyond the luxury market. Initially dominated by high-end models, the sector is now seeing the arrival of more affordable electric vehicles, which could encourage wider adoption among middle-income consumers. However, experts emphasize that expanding charging infrastructure and supportive policies will be crucial to sustaining the growth of EVs in Sri Lanka.

Overall, the rising popularity of electric vehicles signals both a technological shift in transportation and a potential step toward a more sustainable and resilient economy, he noted.

Source: Daily News