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Motor vehicle taxation brings in €440.4B for governments in major European markets

Green Car Congress

The taxes fall into three broad categories: vehicle acquisition (VAT, sales tax, registration tax); ownership (annual circulation tax, road tax); and motoring (fuel tax). Motor tax revenues collected by governments have increased by almost 3% compared to the previous year, and the grand total of €440.4

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Electric bicycles: Hero & Yamaha JV, Proposed US tax credit for electric bicycles 

Electric Vehicles India

Electric bicycles: Hero & Yamaha JV, Proposed US tax credit for electric bicycles . Ampler Bikes an Estonia, Northern Europe company that manufactures and sells light e-bikes has closed a €7.4m A proposed US tax credit for new electric bicycle purchases bumped backed up to a full 30%. Ampler Bikes raises €7.4M

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ACEA: data show EU market for electric cars highly fragmented; need for inclusive measures

Green Car Congress

The figures also show that customer incentives for purchasing ECVs, and especially their monetary value, differ greatly across Europe. Many of the new EU member states with a low ECV market share merely offer an exemption from the annual circulation tax for electric vehicles. Lowest ECV market share in EU in 2016. ECV Units sold.

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EEA: Fuel efficiency improvements of new cars in Europe slowed in 2016

Green Car Congress

For the second successive year, the share of diesel vehicle sales declined and in 2016 fell below 50% of new sales—the lowest share of new sales since 2009 according to the official statistics. of new sales, followed by gasoline vehicles (47%), and alternatively fueled vehicles (3.3%, including electric vehicles).

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