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News from Brussels
Nearly all EU member states now offer some form of fiscal support to stimulate the market uptake of electric vehicles, but both the nature and the monetary value of such tax benefits and purchase incentives still differ widely across the European Union.
The 2022 update of ACEA’s comprehensive overview shows the fiscal measures for buying electric vehicles that are currently available in the 27 EU member states, looking at tax benefits (related to vehicle acquisition and ownership, as well as company cars) and purchase incentives, such as bonus payments or premiums for buyers.
Key observations
In 2022, 21 EU member states (4 more than in 2021) offer incentives for the purchase of electric vehicles.
Six countries (four less than last year) do not provide any purchase incentives, most of them merely grant tax reductions or exemptions for electric vehicles: Bulgaria, Denmark, Estonia, Latvia, Malta, Slovakia.
Estonia is the only member state without any fiscal stimuli at all, Denmark offers minimum rate taxes on acquisition and ownership.
Bulgaria exempts electric vehicles from ownership-related taxes.