Legislation and incentives impacting plug-in EV uptake

Incentives and tax benefits have proven to be a successful instrument for authorities to push forward the interest, and thus the demand, for environmentally friendly vehicles. The success of legislation and incentives designed to boost the uptake of PEVs varies greatly from one market to another and for varied reasons.

Although incentives are similarly structured in different countries — most commonly through tax rebates/reductions at purchase, reductions in running costs such as taxation, and grants toward infrastructure — their effect on PEV uptake in the nation or region can range from significant to somewhat minimal.

The reports and the tracker take a deep dive into the policies, regulations and incentives offered in some of the leading EV markets across five regions — Europe, Greater China, North America, Japan/Korea and South Asia. These include incentives offered at the state/province level and the national/federal level; and of all forms — incentives, tax exemptions, rebates, subsidies, grants and loans.