Most EU Nations Lag in Boosting Company EV Sales With Tax Levers

Two-thirds of European Union member states are failing to provide adequate tax incentives to encourage companies to favor electric vehicles in corporate fleets, according to a study by a clean transport lobby.

Company vehicles are key to reducing harmful emissions, accounting for around 60% of new car registrations and driven roughly twice as much as private cars before entering the second-hand market.

However, in 18 of 27 EU members, the lower tax burden on corporate EVs compared with fossil-fuel cars still isn’t enough to compensate for higher EV prices, complicating efforts to meet proposed electrification targets, the study by lobby ...