Analysis says electric vehicles sales not affected by incentives

A study by JATO Dynamics suggests government incentives are having little impact on the sales of electric vehicles.

According to JATO, demand for electric vehicles (EV) increased ten-fold to 5,220 across Europe in the first half of this year compared to the 500 registered in the same period last year.

Germany, where incentives amount to around €380 (£330) per vehicle, is the leading EV market with January–June registrations of around 1,000. Denmark has incentives which amount to some €20,600 over five years of ownership but registered fewer than 300 EVs in the same period.

Where incentives are similar — such as Spain and the UK at around €6,500 per vehicle — there is a wide gap between registrations. The UK registered 599 EVs and Spain 122.

Gareth Hession, JATO’s vice-president for research, said: ‘The discrepancies highlight the apparently low influence of price on purchase decisions across the region.

‘Given this, it’s reasonable to conclude that sales are more affected by other factors such as the degree of urban geography, market maturity and charging infrastructure than was previously thought.’

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