How are 7 countries committing to making the switch to electric vehicles?

7 countries and their commitments to electrification

Ben Evans, Head of Business Development, FMC Auto Innovation at FMC Global Talent
Ben Evans, Head of Business Development, FMC Auto Innovation at FMC Global Talent

Governments in every corner of the globe are under pressure to make electrification commitments. Many are pledging to have all, or most, of their cars sold as electric vehicles within a certain time frame and are offering incentives to people making the switch to electric.

The question is, when do these countries want to have achieved their electrification goals by, and how are they going to achieve this?

2025

Norway has committed to 2025 as the goal for all new cars to have zero emissions and are well and truly leading the way when it comes to electrification. 2025 may only be 6 years away, but the Norwegian government believes that this goal is achievable due to the incentives given to those who buy electric vehicles. Those who make the move to electric are rewarded with a host of benefits; no import and purchase tax, no road tax, and the ability to drive in bus lanes are just a few of the myriad incentives on offer. There’s no wonder Norway is the largest market for electric vehicles in Europe with almost a 3rd of all new car sales being electric!

2030

Austria’s government have set 2030 as the end date for combustion engines and the switch to fully electric. Incentives include allowing EVs to drive at higher speed limits than other vehicles and subsidies of up to €4,000 for companies and individuals purchasing electric cars. With a 20% increase in EV sales in 2018 compared to 2017, it seems they’re making progress towards that 2030 target.

China is the largest electric vehicle market in the world and saw a 68% increase in sales of the vehicles in the second half of 2018. Their NEV (New Energy Vehicle) Mandate that was implemented in April 2018 aims to have 4.6 million electric vehicles on the roads by 2020 as well as having 100% of car sales be NEVs by 2030. They have a number of schemes in place to make this happen, including fines for car manufacturers who don’t make enough EVs and a long-standing subsidy scheme for purchasers.

India plans to have EVs account for 30% of vehicles on their roads by 2030. There are over 210 million cars in India and 63 million of these will need to be electric to reach their target. The figures for global EV ownership is just under 6 million (not just in India!) so this is a plan that needs buy-in on a large scale. Initiatives such as their Faster Adoption and Manufacturing of Electric Vehicles in India (FAME-II) scheme which offers financial incentives are helping the country make its way to the ambitious target.

In the Netherlands by 2030 only emissions free vehicles will be allowed to be registered. It’s all about the parking incentives in the Netherlands. Not only do EV owners get free parking, but people with Battery Electric Vehicles in Amsterdam also get special access to exclusive parking spaces in the city… some of these have ten year waiting lists for ordinary vehicles!

2040

France are set to totally ban the sale of petrol and diesel cars by 2040 and they estimate that 54% of all light-duty vehicle sales will be electric prior to then. They offer grants of up to €10,000 for those buying electric or switching from diesel to electric and scrapping their old diesel vehicle. They also receive either a full exemption from or a discount on registration tax. France currently sits at the 5th biggest electric car market in the world with over 45,000 EV registrations in 2018.

The UK is set to phase out sales of traditional combustion engines in the next 21 years and want 60% of new cars and vans to be electric vehicles by 2030. Vehicles that have CO2 emissions of less than 50g/km and can travel at least 112km (70 miles) without any emissions at all are eligible for a grant of 35% of the vehicle cost up to £3,500.

In the USA the Federal government and several states offer financial incentives, tax exemptions and the ability to drive on high occupancy lanes for those making the switch to electric in order to reach their 2040 target for electrification. With over a million units of EVs sold in the US already they are one of the biggest electric car markets. However, with 276.1 million registered cars in the country last year, there’s a way to go to switch to total electrification.

Want to find out more?

If you’re interested in finding out more about the move to electrification and what it means for the automotive and motorsport world, download our insight report here!