An electric car subsidy is a financial support provided by the state or local government for the purchase and use of electric cars. Such subsidies may include, for example, purchase incentives, tax incentives, subsidies for the installation of charging stations or other financial support.
Many countries around the world are offering subsidies for electric cars, as they are more environmentally friendly than petrol cars and contribute to the fight against climate change. In Europe, for example, subsidy schemes for electric cars are common in several countries such as Norway, Germany and France. The US and Australia also offer subsidies for electric cars.
Here are some examples of electric car support schemes in different countries:
- Estonian Electric Car Acquisition Grant: https://www.kredex.ee/et/toetused/elektriautode-soetamise-toetus
- Support for the purchase of electric cars in Germany: https://www.bafa.de/DE/Energie/Energieeffizienz/Elektromobilitaet/elektromobilitaet_node.html
- Norwegian Electric Car Grant: https://www.elbil.no/english/
- US federal electric vehicle tax credit: https://www.irs.gov/businesses/plug-in-electric-vehicle-credit-irc-30-and-irc-30d