10 Jan '18, 3pm

Sweden Offering Huge Tax Rebate on Electric Vehicles

Elon Musk likes to start at the top and work down. In Sweden, when it comes to EV incentives, the government is starting at the bottom and working its way up. According to Norwegian news source Elbil, it is now offering a rebate equal to 25% of the purchase price of an electric bicycle, tricycle, or quadricycle. The Swedish rebate program will not apply to self-balancing devices like Segways or hoverboards, but the article in Elbil suggests the Renault Twizy may be eligible. In some cases, an electric wheelchair or hand-operated bicycle may qualify for the incentive. The total amount of money available is limited to 350 million krona annually — about $12 million. Any Swedish citizen who purchased a qualifying vehicle after September 20, 2017, is eligible. Payments are managed by the Swedish Environmental Protection Agency and will begin after February 1 of next year. Unlik...

Full article: https://gas2.org/2018/01/10/sweden-offering-huge-tax-reba...

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