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 services traded for use or consumption in the European Union. The data in this incentive chart applies to Europe, and comes from EAFO, a European Commission initiative that provides alternative fuels statistics and information on electricity, hydrogen, and natural gas.

Click image to enlarge. Source: EAFO.

Click image to enlarge. Source: EAFO.

EAFO also reported on PEV sales data in the European market during May. About 14,000 plug-in electric vehicles were registered in May, bringing the 2016 total over 78,000 units, which is 28 percent above that same period in 2015.

SEE ALSO: Why Europe Has Passed the US As Number One In Plug-in Electrified Vehicles

The countries with the fastest growth rates were Spain (178 percent), Belgium (111 percent), and Portugal (91 percent). Norway has, by far, the lead in PEV market share at 29 percent, with Sweden and Iceland tying for second place with each country bringing in 3 percent of European PEV sales in May. EAFO’s sales data includes what it classifies as M1 vehicles – passenger cars, light commercial vehicles, buses, and motor bikes.

As for top selling PEVs in Europe during May, the Mitsubishi Outlander PHEV took first place, with 1,719 vehicle registrations. Next on the list were the Renault Zoe, Nissan Leaf, Volkswagen Passat GTE, Mercedes C350e, and Volvo XC90 T8. The Mercedes plug-in hybrid had the highest year-over-year growth rate for these six top-selling PEVs at 233 percent over last year. While the Outlander PHEV was number one this month, it was down 33 percent from last year; and the Volvo XC90 had the biggest drop on this list at 53 percent down from last year.

European Alternative Fuels Observatory