Electric cars: Tax benefits and incentives (2024)

Many European countries offer fiscal support to stimulate market uptake of electric cars, but these tax benefits and incentives differ widely.

The updated 2024 edition offers a comprehensive look at the tax benefits and incentives for electric vehicles and charging infrastructure in the 27 EU member states, Iceland, Norway, Switzerland, and the United Kingdom.

Top insights

  • All EU member states offer some form of tax benefit (either acquisition or ownership) for electric vehicles, although there is significant disparity and fragmentation between the schemes in each country 
  • Tax benefits for electric company cars are less widespread with only 17 member states offering them 
  • There are no purchase incentives available in six member states:  
    • Belgium 
    • Bulgaria 
    • Denmark 
    • Finland 
    • Latvia 
    • Slovakia 
  • Only five member states offer incentives for charging infrastructure 
Many European countries offer fiscal support to stimulate market uptake of electric cars, but these tax benefits and incentives differ widely.

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Content type Fact
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