28 Jun '16, 6pm

EAFO Ranks Top European Nations Offering PEV Incentives

EAFO Ranks Top European Nations Offering PEV Incentives

Some European Union members are doing better in terms of government incentives for plug-in electrified vehicle sales and charging station deployment, and the European Alternative Fuels Observatory (EAFO) recently listed them. . Of all EU member states, Austria is the European nation with the widest selection. Austria offers its residents incentives in all eight categories covered in EAFO’s Incentives & Legislation table – purchase subsidies, registration tax benefits, ownership tax benefits, company tax benefits, VAT benefits, other financial benefits, local incentives, and infrastructure incentives. Norway is number two on the list, with all but purchase subsidies being offered. The government incentive programs are similar to what’s being offered in states across the U.S., except for the value-added tax (VAT) benefits. VAT is a consumption tax, charged on most goods and ...

Full article: http://www.hybridcars.com/EAFO-ranks-top-european-nations...

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