Electric Vehicle Incentives Guide: Country By Country Page 2

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Neighboring Belgium is offering an impressive $11,700 from the cost of EVs, and Denmark, Greece and the Czech Republic offer exemption from registration fees and road taxes.

Not so lucky are German buyers - Autoblog, via German news site Deutsche Welle, reported back in May that federal funding will instead be going to technological research programs, rather than buyers.

China

The emerging industrial superpower is getting in on the discount act too - offering up to $8,800 to local governments and taxi fleets to switch to EVs. China have a thriving small EV market, some of which, like the Coda, are being re-engineered and sold on U.S. soil.

Other Green Vehicles

Some of these incentives extend to hybrids and other low-emissions vehicles, with France offering $2,600 towards the cost of some hybrids and the UK exempting cars that produce under 100 grams per kilometer of CO2 from road tax.

But the biggest discounts are reserved for electric vehicles. And despite the impressive incentives offered for EVs, newly proposed U.S. legislation actually puts more money into natural gas vehicles than into EVs.

To those of you considering buying an EV, the discounts will no doubt prove very tempting. In combination with the potential savings on running costs and maintenance, government incentives for electric vehicles allow these cars to be significantly more price-competitive.

Price is one of the main hurdles to the success of the EV at the moment--and reducing it takes EVs from the realm of the early adopters into the wider market, where sales success awaits.

[Detroit News]


 
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