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

Green Car Congress

New data shows that motor vehicles generate more than €440 billion in taxation per year for national governments in the major EU markets plus the UK, the European Automobile Manufacturers’ Association (ACEA) reports. The three countries that do not apply CO2-based taxation are Estonia, Lithuania and Poland.

Motoring 284
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ACEA: plug-in vehicles take 6.8% market share in Europe in Q1 2020; HEVs at 9.4%

Green Car Congress

By contrast, demand for diesel and gasoline vehicles tumbled dramatically, although gasoline-powered cars still account for more than half of the EU market, according to the European Association of Automobile Manufacturers (ACEA). With the exception of Cyprus and Lithuania, all EU markets have faced double-digit drops so far this year.

Plug-in 243