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Electric cars: Tax benefits and incentives (2024)

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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 

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