30 Apr '18, 8pm

Denmark is Ending its Subsidies for Electric Cars

Denmark is Ending its Subsidies for Electric Cars

Electric car subsidies are now being revised in Denmark. With steadily decreasing sales in electric vehicles since 2016, starting with a 60-percent year-over-year drop from 2016 to 2017 and a 30-percent decline the following year, the small northern European country ’s electric car subsidy and tax cut program is being revised with new changes expected in Fall 2018. “We have tax incentives for electric cars, and you could discuss if they should be bigger. I will not exclude that,” said Prime Minister Las Lokke Rasmussen in an interview. “Any new incentives would be announced along with a government plan to boost clean-energy consumption after the summer.” SEE ALSO: Waymo Unveils Self-Driving Jaguar i-Pace for Premium Taxi Service The drops, in part, were due to the phasing out of subsidies – with the country’s top-selling electric vehicle, the Tesla Model S, taking a sales ...

Full article: http://www.hybridcars.com/denmark-ending-subsidies-electr...

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