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Fossil-fueled cars favored over EVs in Germany by weak tax incentives

( April 23, 2025, 11:56 GMT | Official Statement) -- MLex Summary: Four of the EU’s largest car markets — Germany, Italy, Spain and Poland — are failing to steer companies toward electric vehicles due to low fiscal incentives, according to T&E, the European Federation for Transport and Environment. In Germany, the tax gap for buying an EV instead of a gasoline or diesel car is less than 9,000 euros over four years, compared to more than 24,000 euros in France. Cars bought for company fleets can significantly accelerate the transition to electrification, as these represent 60 percent of new sales in the EU. The European Commission should incentivize this by setting binding EV targets for large companies, T&E said.The press release from T&E is attached....

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