Home Latest News The lack of financial incentives slows down an electric car in Spain

The lack of financial incentives slows down an electric car in Spain

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In Spain, there is not enough taxation that effectively encourages an electric car, so its implementation, for example, is four times less than in our neighboring country, Portugal. This is collected by a well -known transport and environment (T&E) in a study published on the occasion of updating it Good Fiscal Practices Guide (Good tax guide), a tool that analyzes taxation in 30 European countries.

According to work, the electrification of the parking lot requires that the number of taxes paid by electric cars should be significantly lower than that of their combustion analogues. But in Spain, this gap is one of the smallest in Europe in both the private and in the corporate channel. In the latter, responsible for 55% of new national registrations, our country is in twenty -fifth positions with a differential only 3200 euros, eight times less than in France (24,400 euros) and 10 than in Portugal, where it reaches 30,300 euros.

T&E performs this calculation, taking into account taxes for the acquisition and circulation paid by all vehicles, and rates that apply only to company companies, that is, a reward in kind, VAT deductions, depreciation and plans for renewable moves. The calculation considers the average period of four years of using a corporate car.

The first five European markets (Germany, France, Italy, Spain and Poland) represent 71% of the company’s sales and 42% of all sales of new vehicles in the EU. Therefore, the organization indicates them as fundamental to accelerate the electrification of fleets.

Nevertheless, only France is among the countries that most contribute to the transition in this area. Germany, with 30% of the total number of corporate records, encourages them three times less. A Guide It also shows that when electric cars are a majority, the gap has a tendency to decrease, so the differential of leading countries such as Finland (13,300 euros) and Sweden (11,900) are not excessively.

According to T&E, one of the reasons explained by a reduced Spanish differential is a “very fiscal advantage” that electricity receives against the combustion cars in the circulation tax (IVTM). This gap is only 3 euros, and in Portugal – 186, in Sweden 787, and in France – 1533 euros. The paradox is given, we read in the study that in our country a new electric car can pay more than the old combustion. “Donation is not formulated, or around the emissions or weight of the vehicle, as, for example, France, which has average emissions of 120 g of CO2 per kilometer for new vehicles registered by individuals, compared with almost 130 g/km of Spain.”

Analysis and reform of this tax are a milestone included in the restoration, transformation and stability, a mandatory compliance plan. This document includes the requirement to analyze tax analysis and reform as the basic requirements for access to the next generation EU program, whose deadline ends in August 2026. This reform was supposed to be carried out until June 30, 2022, but remains the expected task. lobby European environment.

Not only IVTM

In addition to the low progressiveness of the IVTM, a reduced difference between taxes paid by electric cars and combustion is explained by the taxation tax and several tax advantages that use electricity taxes in specific corporate channel taxes. Unlike Portugal, in Spain there are no compensation schemes in kind, which significantly encourage less polluting vehicles and, in fact, tax deductions (VAT and depreciation) are beneficial to electricity and burning in the same way.

This makes it possible that in a neighboring country 21.6% of new cars of the company’s channel were electric in 2024 compared to 4.4% of Spain. Taking into account both channels, Spain has 5.6% penetration of an electric car compared to 20.1% of Portugal, “a market of similar characteristics, which, thanks to the pulse of electricity, also managed to initiate an update of its parking. In Spain, at the same time 46.8% of cars for 15 years, this task is also in consideration, ”says transport and the environment.

Oscar Pulido, responsible for the electrification of the Parks T&B Spain, claims in this regard: “The taxation tax is a fundamental tribute to the transformation of Spanish parking, but it is also important real, and if from the point of view of the market we want to reach other countries where the penetration of the electric car is much higher, for example, our neighbors, France and Portugal.”

Pulido adds that this “will be the opportunity to raise additional funds and, thus, introduce municipal electrification programs in order to decarbonize and rejuvenate Spanish parking.”

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