Overview – Electric vehicles: tax benefits & purchase incentives in the European Union (2020)
Although fiscal measures to stimulate electric vehicle sales are available in nearly all EU member states now, this 2020 overview shows that the nature and (especially) the monetary value of these benefits and incentives still varies widely across Europe.
This comprehensive document provides an overview of fiscal measures for buying electric vehicles in the 27 member states of the European Union and the United Kingdom in 2020, consisting of tax benefits and purchase incentives for buyers.
Key observations
- Today, stimuli for electrically-chargeable cars are available in 26 out of the 27 EU countries.
- 20 EU member states offer incentives (such as bonus payments or premiums) to buyers of electric vehicles.
- 6 countries do not provide purchase incentives, they merely grant tax reductions or exemptions for electric cars:
- Belgium
- Bulgaria
- Cyprus
- Denmark
- Latvia
- Malta
- Lithuania is the only state that does not provide any tax benefits or incentives at all.
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