Electric cars: Tax benefits and incentives (2024)
ACEA — 2024-05-15
News from Brussels
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