Overview of Tax Incentives for Electric Vehicles in Europe

Electric Vehicles may be going mainstream very soon! Whether it is only trendy to have one or not, governments and industry across the world are getting to grips with it! All it takes is to have the vehicles in the market, because the grounds for buying one are there. The reduction in emissions and energy savings convince many customers but to countervail the price premium, Government across Europe (and the World) are bringing up a number of incentives. ACEA, the European Automobile Manufacturers Association, has published an overview of tax incentives for buying electric vehicles across. While these are not enough, they certainly give a signal that Electric Vehicles are indeed necessary and part of the solution to tackle our increasing CO2 emission concerns.