Denmark may reintroduce EV subsidies
In Denmark the government has indicated that it may introduce further financial incentives for drivers to buy electric vehicles following a drop in sales.
As reported by Autovista, the country is a leader in electric vehicle sales, but after tax breaks were phased out, sales dropped by a huge 60% in the first quarter of 2017, while sales were rising in other European markets. From a total of 5,000 registrations in 2015, last year just 700 new EVs were sold.
Quoted by the website, Danish prime Minister Lokke Rasmussen (photo) said: “We have tax incentives for electric cars, and you could discuss if they should be bigger. I will not exclude that”.
Autovista goes on to say that the issue of subsidies for EVs is a thorny one. Currently, the technology is still costly, and to entice buyers, grants, tax breaks and other incentives are needed to make the market competitive with petrol and diesel cars.