Government incentives for plug-in electric vehicles

Plug-in electric vehicles subject to incentives in some countries include battery electric vehicles, plug-in hybrids and electric vehicle conversions. Shown here is a Toyota Prius Plug-in Hybrid recharging

Government incentives for plug-in electric vehicles have been established around the world to support policy-driven adoption of plug-in electric vehicles. These incentives mainly take the form of purchase rebates, tax exemptions and tax credits, and additional perks that range from access to bus lanes to waivers on fees (charging, parking, tolls, etc.).[1] The amount of the financial incentives may depend on vehicle battery size or all-electric range. Often hybrid electric vehicles are included. Some countries extend the benefits to fuel cell vehicles, and electric vehicle conversions.

More recently, some governments have also established long term regulatory signals with specific target timeframes such as ZEV mandates, national or regional CO2 emissions regulations, stringent fuel economy standards, and the phase-out of internal combustion engine vehicle sales.[2][3] For example, Norway set a national goal that all new car sales by 2025 should be zero emission vehicles (electric or hydrogen).[4][5] Other countries have announced similar targets for the electrification of their vehicle fleet, most within a timeframe between 2030 and 2050.[2]

  1. ^ "Global EV Outlook 2007: Two million and counting" (PDF). International Energy Agency. 2017-10-07. Archived from the original (PDF) on 2017-06-07.
  2. ^ a b International Energy Agency (IEA), Clean Energy Ministerial, and Electric Vehicles Initiative (EVI) (June 2020). "Global EV Outlook 2020: Enterign the decade of electric drive?". IEA Publications. Retrieved 2020-06-19.{{cite web}}: CS1 maint: multiple names: authors list (link)
  3. ^ Wappelhorst, Sandra; Hall, Dale; Nicholas, Mike; Lutsey, Nic (February 2020). "Analyzing Policies to Grow the Electric Vehicle Market in European Cities" (PDF). International Council on Clean Transportation. Retrieved 2020-06-19.
  4. ^ "Norwegian EV policy". Norsk Elbilforening (Norwegian Electric Vehicle Association). Retrieved 2020-06-18.
  5. ^ Cobb, Jeff (2016-03-08). "Norway Aiming For 100-Percent Zero Emission Vehicle Sales By 2025". HybridCars.com. Retrieved 2020-06-18.