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EV incentives in 2024: Europe’s minor fleet markets | Fleet Europe
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itemprop="itemListElement" itemscope itemtype="http://schema.org/ListItem"> <span itemscope itemprop="item" itemtype="http://schema.org/Thing" itemid="#3"> <span class="easy-breadcrumb_segment easy-breadcrumb_segment-3" itemprop="name">Features</span> </span> <meta itemprop="position" content="3" /> </span> <span class="easy-breadcrumb_segment-separator"> » </span> <span itemprop="itemListElement" itemscope itemtype="http://schema.org/ListItem"> <span itemscope itemprop="item" itemtype="http://schema.org/Thing" itemid="#4"> <span class="easy-breadcrumb_segment easy-breadcrumb_segment-title" itemprop="name">EV incentives in 2024: Europe’s minor fleet markets</span> </span> <meta itemprop="position" content="4" /> </span> </div> </div> </div> </div> </div> </header> </div> <div id="page"> <div id="main"> <div id="left-content"> <div id="content" class="column" role="main"> <a id="main-content"></a> <article class="node-779547 node node-features node-promoted view-mode-full view-mode-full clearfix" about="/en/new-energies/europe/features/ev-incentives-2024-europes-minor-fleet-markets" typeof="sioc:Item foaf:Document" data-uid="50" data-contentGroup1="auteur-Frank-Jacobs"> <header> <span property="dc:title" content="EV incentives in 2024: Europe’s minor fleet markets" class="rdf-meta element-hidden"></span> </header> <div class="required-fields group-image field-group-html-element"><div class="field field-name-field-image field-type-image field-label-hidden "> <div class="field-item even field-item-first field-item-last field-item-0"><div style="background-image: url("https://www.fleeteurope.com/sites/default/files/styles/headlines_width_850/public/field/image/shutterstock_2177925663_0.jpg?itok=GlZhGbwY");" class="single-image-background"></div></div> </div><div class="field-ct field-ct-transliterated field-ct-features">Features</div><div class="addthis-wrapper"> <div class="addthis_inline_share_toolbox" data-url="" data-title="EV incentives in 2024: Europe’s minor fleet markets" data-description="The future is electric, but only if we make it so. That’s why governments across Europe offer tax benefits and purchase initiatives to incentivize the adoption of BEVs. Measures vary per country, but..." data-media="https://www.fleeteurope.com/sites/default/files/field/image/shutterstock_2177925663_0.jpg"> </div> <div class="label-share"> <span>Share</span> </div> </div> </div><div class="required-fields group-content field-group-html-element"><div class="field field-name-field-published-date field-type-datetime field-label-hidden "> <div class="field-item even field-item-first field-item-last field-item-0"><span class="date-display-single" property="dc:date" datatype="xsd:dateTime" content="2024-01-09T11:00:00+01:00">9 Jan 24</span></div> </div><div class="field field-name-title-field field-type-text field-label-hidden "> <div class="field-item even field-item-first field-item-last field-item-0"><h1>EV incentives in 2024: Europe’s minor fleet markets</h1> </div> </div><div class="field field-name-field-tags field-type-taxonomy-term-reference field-label-hidden multiple "> <div class="field-item even field-item-first field-item-0"><a href="/en/tags/taxation" typeof="skos:Concept" property="rdfs:label skos:prefLabel" datatype="">Taxation</a></div> <div class="field-item odd field-item-last field-item-1"><a href="/en/tags/evs" typeof="skos:Concept" property="rdfs:label skos:prefLabel" datatype="">EVs</a></div> </div><div class="field field-name-body field-type-text-with-summary field-label-hidden "> <div class="field-item even field-item-first field-item-last field-item-0" property="content:encoded"> <p><strong>The future is electric, but only if we make it so. That’s why governments across Europe offer tax benefits and purchase initiatives to incentivize the adoption of BEVs. Measures vary per country, but this overview of eight minor European fleet markets also shows some common trends: an emphasis of exempting EVs from existing taxes, with a smaller focus on offering incentives for acquiring the vehicles themselves, or the charging infrastructure they require. (For an overview of incentives in eight major European fleet markets, <a href="https://www.fleeteurope.com/en/new-energies/europe/features/ev-incentives-2024-europes-major-fleet-markets">click here</a>). </strong></p> <ul> </ul> <h3>Austria</h3> <ul> <li>Registration tax: VAT deduction and tax exemption for BEVs, PHEVs and other zero-emission business vehicles. Full VAT deduction for the first €40,000, but no VAT deduction for vehicles over €80,000. </li> <li>Road tax: BEVs and other zero-emission cars are exempt from both ownership and pollution tax. </li> <li>Company car tax: BEVs and other zero-emission company cars are exempt from both ownership and pollution tax. Private use and charging are exempt from tax on benefit in kind. </li> <li>Buying incentives: As part of the E-mobility initiative 2024, the private purchase of EVs is subsidized with up to €5,000. There is no specific incentive for corporate EVs. </li> <li>Infrastructure bonus: As part of the E-mobility initiative 2024, private charging infrastructure is subsidized with up to €600 for wallboxes or cables, and up to €1,800 for shared systems in shared buildings. Publicly accessible infrastructure gets up to €30,000. There is no specific incentive for corporate EVs. </li> </ul> <h3>Czechia</h3> <ul> <li>Registration tax: BEVs and PHEVs emitting <50 g of CO2/km are exempt.</li> <li>Road tax: BEVs and HEVs are exempt. Vehicles emitting <50 g are exempt from road toll. BEVs and some PHEVs (<50 g) can be depreciated faster.</li> <li>Company car tax: BEVs and other alternate-power vehicles are exempt. Tax reduction for private use of BEVs and PHEVs. </li> <li>Buying incentives: state and local governments offer incentives for purchase of BEVs and PHEVs. </li> <li>Infrastructure bonus: Transport ministry offers support.</li> </ul> <h3>Greece</h3> <ul> <li>Registration tax: 75% reduction for PHEVs (emitting up to 50 g CO2/km), 50% for those emitting more, and for HEVs. </li> <li>Road tax: BEVs are exempt from personal income presumption, and from road tax (as are all cars emitting up to 90 g CO2/km).</li> <li>Company car tax: BEVs and PHEVs (<50 g) up to €40,000 are exempt from the benefit in kind tax. </li> <li>Buying incentives: 30% cashback on BEVs, with a max of €8,000, plus €1,000 with scrappage of a car at least 10 years old. There’s an even better deal for taxis (40% cashback, up to €17,500), but scrappage (an extra €5,000) is mandatory.</li> </ul> <h3>Hungary</h3> <ul> <li>Registration tax: BEVs and PHEVs are exempt.</li> <li>Road tax: BEVs and PHEVs are exempt. </li> <li>Company car tax: BEVs and PHEVs are exempt. </li> <li>Buying incentives: private consumers can get a €7,350 grant for buying an EV (price max. €32,000), or €1,500 (price between €32,000 and €44,000). </li> </ul> <h3>Ireland</h3> <ul> <li>Registration tax: €5,000 relief for BEVs (up to €40,000). The amount gradually reduces to zero to €50,000.</li> <li>Road tax: minimum rate (€120 p.a.) for BEVs, reduced rate (€140 p.a.) for some PHEVs (<50 g C02/km).</li> <li>Company car tax: 0% of benefit in kind on the first €50,000 of a BEV.</li> <li>Buying incentives: up to €3,500 for BEVs priced between €14,000 and €60,000.</li> </ul> <h3>Portugal</h3> <ul> <li>Registration tax: exempt for BEVs, 75% reduction for PHEVs (with electric range >50 km and emissions <50 g CO2/km). </li> <li>Road tax: exempt for BEVs</li> <li>Company car tax: BEVs exempt from autonomous corporate income tax, reduced for some PHEVs. No VAT for BEVs (up to €62,500) and PHEVs (up to €50,000).</li> <li>Buying incentives: €3,000 for private consumers who buy a BEV (up to €62,500).</li> </ul> <h3>Sweden</h3> <ul> <li>Road tax: low (SEK 360) for BEVs and PHEVs.</li> <li>Company car tax: the taxable value of a car (for benefit in kind tax) is lowered by a maximum of SEK 350,000 for BEVs (and SEK 140,000 for PHEVs), but the deduction may not exceed 50% of the car price. </li> <li>Infrastructure bonus: 50% tax deduction (with a max of SEK 15,000) for home charging, grants for a charging installation in residential complexes.</li> </ul> <h3>Switzerland</h3> <ul> <li>Registration tax: BEVs and other EVs are exempt.</li> <li>Road tax: reduced or exempted by various cantons, based on CO2/km.</li> <li>Company car tax: reduced or exempted by various cantons, based on CO2/km.</li> <li>Infrastructure bonus: various cantons contribute to the installation cost.</li> </ul> <p><a class="btn" href="https://www.fleeteurope.com/en/knowledge-center/ebook/e-book-ev-incentives" target="_blank">Download our EV-Incetives E-Book</a></p> <p><em>Image: Shutterstock 2177925663</em></p> </div> </div> <div class="author">Authored by: <b>Frank Jacobs</b></div><div class="field-regions-with-themes field-name-field-channels"><div class="field-item"><a href="/en/themes/new-energies">New Energies</a></div><div class="field-item"><a href="/en/regions/europe">Europe</a></div><div class="field-item"><a href="/en/regions/austria">Austria</a></div><div class="field-item"><a href="/en/regions/czech-republic">Czech Republic</a></div><div class="field-item"><a href="/en/regions/greece">Greece</a></div><div class="field-item"><a href="/en/regions/hungary">Hungary</a></div><div class="field-item"><a href="/en/regions/ireland">Ireland</a></div><div class="field-item"><a href="/en/regions/portugal">Portugal</a></div><div class="field-item"><a href="/en/regions/sweden">Sweden</a></div><div class="field-item"><a href="/en/regions/switzerland">Switzerland</a></div></div></div><span property="dc:title" content="EV incentives in 2024: Europe’s minor fleet markets" class="rdf-meta element-hidden"></span> </article> </div> <div class="region region-content-footer"> <div id="block-bean-marketplace-link" class="block block-bean"> <div class="entity entity-bean bean-block-image clearfix" about="/en/block/marketplace-link" typeof=""> <div class="content"> <div class="group-header field-group-div"><div class="field field-name-field-image field-type-image field-label-hidden "> <div class="field-item even field-item-first field-item-last field-item-0"><div style="background-image: url("https://www.fleeteurope.com/sites/default/files/styles/headlines_width_520/public/marketplace-logo_0.png?itok=-3j_ghRD");" class="single-image-background"></div></div> </div></div><div class="field field-name-field-website field-type-link-field field-label-hidden "> <div class="field-item even 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