Subsidy has an effect, more private individuals are buying electric cars

Subsidy has an effect, more private individuals are buying electric cars

The share of privately purchased electric cars in total EV sales is increasing strongly. This is the conclusion of a study by the RAI Association and Bovag. These include the SEPP purchase subsidy that you can apply for for the purchase of an electric car and the arrival of more affordable electric passenger cars.

In the period 2015 to 2019, on average, only 12 percent of all newly registered electric cars in those years were registered in the name of a private individual. In 2021, that percentage was 21 percent. The purchase subsidy introduced in mid-2020, together with the arrival of more affordable electric passenger cars, would have contributed to this. In addition, according to RAI Vereniging and Bovag, the increasing acceptance of electric driving is also a factor.

Although electric cars are not always cheap, the average price of a new electric car is much lower today than it was a few years ago. Where a new electric car cost an average of €79,000 in 2016, the average EV price in 2021 was €51,000. So no less than €28,000 lower. Last year, 78 percent of newly registered EVs were compact mid-range (C-segment) or mid-range (D-segment).

Subsidy

For this year, with €91.5 million, a much larger amount is available for the SEPP subsidy, the so-called purchase subsidy of €3,350 that you can apply for for a new or used electric car with a catalog value of up to €45,000. In the first two months of this year, the share of private registrations in total EV sales rose to no less than 56 percent. In total, 6,741 new EVs were registered in those months, compared to 2,375 in the first two months of 2021. Please note: both business and private registered electric cars are included.

On March 10, about 60 percent of the available subsidy for the purchase of a new electric car had already been allocated. Purchase subsidy has already been applied for for more than 12,750 new EVs. You can also apply for a purchase subsidy for the purchase of a used electric car with a catalog value of up to €45,000. At €2,000, this is lower than the allowance that you can apply for when purchasing a new electric car. Of the €20.4 million available this year for the purchase of a used electric car, €9,462,000 had been allocated on March 10, i.e. 46.4 percent and not even half. This means that SEPP subsidy has been applied for for 4,731 used EVs and there is still budget left for 5,459 electric used cars.

Last year, the Skoda Enyaq iV was the best-selling electric car in the Netherlands, followed by the Kia Niro EV and the Volkswagen ID4.

– Thanks for information from Autoweek.nl

Recent Articles

Related Stories