Dutch Plug-In Electric Car Market Surges 147% In October 2018
An explosion of sales ahead of a tax change.
Plug-in car sales in the Netherlands are growing this year so quickly that it’s hard to find a faster-expanding market.
In October, some 2,058 plug-ins were sold, which is 147% more than a year ago at a high 6.8% market share.
So far this year, more than 17,000 plug-ins were sold in the country – almost 150% more than in 2017 at this point. One of the biggest reasons is the upcoming change in tax rates for expensive all-electric cars:
- Current BEV BIK tax: 4% for full price
- From January 1, 2019: 4% tax will be applied only to the amount of up to €50,000. The amount above €50,000 will be taxed 22%
Plug-in electric car sales in the Netherlands – October 2018
Tesla controls 33% of the market as the Model S and Model X are the #1 and #3 best selling EVs.
Source: EV Sales Blog