Canada is in the top 10 best places to buy an EV – from the cost of a Tesla versus average income to EV purchase incentives.
According to research by our friends at Zutobi.com, the United States takes top spot and earns a total EV score of 8.19/10. The US offers the world’s most popular EV, the Tesla Model 3, at the lowest price, just over $39,000usd/ $53,540cad. The US also has one of the most generous incentives for EV purchases, placing in the top five for the factor.
Germany and Luxembourg tied for second place, both scoring 7.67/10. The German government offers motorists over $9,000usd/ $11,552cad off the price of a new EV, and It also has one of the top 10 highest proportions of EVs. Luxembourg earns its place in the rating thanks to its great purchase incentives, as motorists in the country can get over $8,000usd/ $10,269cad off a brand-new EV.
Next up is Norway taking third place in the index with a score of 7.42/10. The Scandinavian country takes the top spot for both the highest proportion of EVs and the cost of an EV as a proportion of the average income.
The countries with the best tax incentives to buy an EV
Germany has the most generous incentive for buying an EV, offering a rebate of just over $9,000usd/ $11,552cad for EVs. On top of this, the country also has a reduced VAT rate when buying EVs, and EVs are exempt from some vehicle taxes.
Luxembourg ranks second, offering motorists more than $8,000usd/ $10,269cad for their EV purchases. The country also charges the minimum tax rate for vehicles with very low emissions, which is excellent news for EV motorists.
Offering over $7,500usd/ $9,267cad in subsidies for EV purchases is Slovenia, taking it to third place. The Slovenian government also only charges its minimum rate of 0.5% sales tax on vehicles that emit less than 100 grams of CO2 per kilometre.
What is driving the popularity of EV’s?
With the ever-present media message of climate change, more and more people are considering finding ways to reduce their reliance on fossil fuels and shrink their carbon footprint. One of these ways is ditching traditional polluting gas and diesel cars in favor of electric vehicles (EVs). In fact, many people have already adopted electric cars and are using them to learn to drive.
Governments around the world are also encouraging people to make the switch, with the UK going so far as to ban the sale of new gas and diesel cars from 2030, and the US from 2035.
So which countries are the best for electric vehicles? We’ve delved into the data to find out, taking into account purchase incentives, the proportion of EVs in each country, and the cost of one of the world’s most popular cars, the Tesla Model 3, as a proportion of average income too.
