Why EU Car Manufacturers Are Actually “Slow-Walking” 2020 EV Sales
This title may have caught you off-guard and made you do a double-take. After all, Europe is having a record, blowout, tremendously inspiring year for electric vehicle sales.
Europe EV subsidies
Other Nations Support Electric Cars. In The US, They’re Supposedly A Threat To Gas Tax…
Governments in Europe and China are trying to speed up the adoption of electric vehicles by offering subsidies and incentives, and it’s working. In Norway, EVs are exempt from taxes, and drivers receive perks such as free parking and reduced tolls. Almost 60 percent of new cars sold in the country in March were fully electric. China’s combination of incentives and mandates is acting as a magnetic force, sucking the global EV industry out of America and Europe and into China, where over a million electric cars were sold in 2018.
Strong Financial Support For EVs In New Dutch Climate Accord
A broadly supported “climate accord” presented to the Dutch government on Friday, December 21, by civil society organizations envisions strong financial support for the purchase of electric vehicles (EVs). The accord proposes a subsidy of €6,000 on EV purchases in 2021. This amount will be lowered by €400 per year to €2,200 in 2030.
