In 2020, more countries introduced or prolonged a wide range of government incentives for EV. New incentives were most often subsidies on the purchase price of EV
On average, EV drivers are taxed 63% of what Internal Combustion Engine (ICE) drivers are paying in taxation. In four markets (Austria, Greece, Ireland and the United Kingdom), EVs are fully exempt from driver taxation.
Electricity cost on average 53% per kilometre compared to the fuel costs per kilometre across Europe. In Germany, this advantage for EV is the smallest with an index of 78%
11 countries show a lower monthly cost (inc. fuel) for a selection of EVs compared to a similar selection of ICE, showcasing the TCO parity has already been achieved in many European countries