For electric cars over €40,000, there will be an increase in the subsidy by 25%. Any car priced over €60,000 will not supported by the scheme. How many other European countries will increase government subsidies ? Co relation between subsidies and uptake very important to the customer. Now that carbon emission reductions is increasing in importance will be interesting to see how many other countries provide subsidies, IMO the hockey stick uptake well before 2025. AVZ quality will be required.
Unique to this first quarter has of course been the Covid-19 pandemic. The comparison of figures in China in contrast to Europe marks a significant difference when looking at the effect of the Covid-19 epidemic and the impact this has had on electric car sales. While BYD data showed that more
. At the same time, China reduced its electric car subsidies in the middle of last year and has experienced a 46 per cent drop in BEV car sales in comparison to the same period last year. Here the CAM report also notes that since