December 14, 2020 | Koen Noyens
Electric vehicle charging incentives are available across Europe for both residential and commercial charging. The installation of residential and commercial charging stations is key to establishing infrastructure that can support the adoption of electric vehicles by individuals and companies across Europe.
In this guide, we’ve split electric vehicle charging incentives into two categories: residential charging incentives and commercial charging incentives.
Residential charging incentives accommodate private residents looking to install charging stations at their homes, as well as owners and tenants of multi-unit buildings (e.g., condominiums). Generally, the charging stations installed with the help of these incentives are only for private use.
Commercial charging incentives apply to companies and public entities wishing to provide electric vehicle charging as a dedicated service (e.g., a municipality), additional service (e.g., supermarket car parks), or as a perk for employees (e.g., workplace charging).
In 2019 Austria launched the electric vehicle charging initiative E-mobility 2019 + Offensive. The initiative is valid until December 31, 2021, and includes a massive increase in federal funding for electric vehicles, residential charging infrastructure, and commercial charging infrastructure.
In Belgium, the purchasing and installation of electric vehicle charging infrastructure for commercial use is incentivized through tax returns and tax exemptions. There are currently no initiatives dedicated to residential charging.
To incentivize the use of electric vehicles, Denmark offers tax reductions on the electricity used to power commercial electric vehicle charging infrastructure. Currently, there are no incentives for the purchasing and installation of charging infrastructure.
Finland offers incentives for both commercial and residential electric vehicle charging infrastructure in the form of subsidies. Helsinki has invested €4.8 million in public charging stations in the last few years—almost tripling the total number of charging points in the country.
Recently, the Finnish government announced a €5.5 million budget for expanding charging infrastructure during 2020 and 2021.
In a bid to boost electric vehicle adoption rates, France has recently set a new target of having over 100,000 publicly accessible charging stations by 2021. To help reach this target, €1.3 billion has been allocated to help fund several incentives that include grants and subsidies for the installation of electric vehicle charging infrastructure.
In 2020, Germany committed to significantly improving its support for consumers purchasing electric vehicles in order to meet its target of having one million charging stations and 10 million electric vehicles by 2030.
This support equates to both national and regional incentives in the form of tax reductions and grants for both residential and commercial infrastructure.
Currently, Greece only offers incentives for the purchasing and installation of residential charging stations.
Between 2019 and 2020, Ireland allocated a total of €20 million toward incentivizing electric vehicle purchases. In addition to this, €3 million was allocated to the development of electric vehicle charging infrastructure to build upon the Climate Action Fund’s €10 million allocated for the development of a public charging network across the country. The Irish government also has residential charging incentives in place to help accelerate the adoption of electric vehicles.
In 2019, Italy launched the Eco-Bonus program to provide subsidies for electric and hybrid vehicles, as well as electric vehicle charging infrastructure. €60 was dedicated to the program in 2019, with a further €70 million earmarked for the subsidies in 2020 and 2021.
The Eco-Bonus program aims to cut net emissions to zero by 2050 and mandates that electric vehicles should replace ICE vehicles by 2035 at the latest. A new bill has already been released to increase current incentives by 50 percent between August and December 2020 in a bid to stimulate economic recovery after numerous lockdowns in response to the Covid-19 pandemic.
In the Netherlands, electric vehicle charging infrastructure incentives are mostly provided for private companies. However, residents in most regions can request the installation of a public charging point near their place of residence or work free of charge—this will also be freely accessible to all residents.
In 2019, Spain launched its biggest electrification program, MOVES, with a budget of €45 million allocated to the promotion of electric vehicles and charging infrastructure. In 2020, MOVES II was established to build upon previously established measures and is managed by local authorities.
In 2015, the Swedish Environmental Protection Agency and several administrative boards launched the Klimatklivet program in a bid to reduce CO2 emissions at a local and regional level. In 2020, the program was allocated 2.4 billion SEK (around €240 million) to help fund commercial and residential initiatives.
The UK has developed a Road to Zero strategy aimed at making transportation in the four nations carbon-neutral by 2040.
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