Vehicle electrification is one of the most impactful and long-term trends in the automotive industry. For OEMs to comply with impending carbon dioxide legislation and regional emissions targets, alternative propulsion vehicles are entering OEM product portfolios.
One key influencing factor in the growth of hybrid and electric vehicles is the impact of legislation and incentives. Globally, many countries, regions and cities have enacted legislation or offer incentives to positively impact the uptake of hybrid and electric vehicles. This report and the accompanying database from IHS Markit is a single reference point for legislation and incentives, capturing and providing a searchable environment by location, technology, vehicle type, value of incentive, and many other fields.