Tax Incentives for Electric Vehicles

VAT is deductible for the purchaise of electric vehicles with a certain amount of acquisition costs depending on the type of vehicles: pure battery electric vehicles (BEV) < 62,000 EUR; plug-in hybrids vehicles (PHEV) < 50,000 EUR.  

 

In addition, electric vehicles are exempted from the registration tax (Imposta Sobre Vehiculos or ISV): BEVs are fully exempted and PHEVs are exempted up to 75% of the tax if their all -electric range mode goes up to 25km.

 

 

Want to know more about this policy ? Learn more