The introduction of electric vehicles is set to play a key role in meeting Europe 20-20-20 targets due to the major reductions in emissions obtained by switching from vehicles driven by internal combustion engines to electric or natural gas vehicles (NGVs).
The development of these new technologies depends to a large extent on the resources invested by top name brands in research and innovation, which lead to a slight rise in the vehicles’ final cost. SEAT’s chairman Jürgen Stackmann puts this figure at around 15%.
Although this increase is partly assumed by the car buyer, here at LIVE we would like to raise awareness of the various incentives and grants available that will allow for the amortisation of the purchase in a short period of time.
The principal incentives and subsidies include grants to purchase vehicles and install charging points at apartment blocks, as well as the Supervalle Electricity Rate, the reduction in the Mechanical Traction Vehicle Tax (IVTM), discounts on parking charges in regulated zones and on power charging at above-ground public charging points, reduced toll fees and BUS-HOV lanes and discounts at tolls for eco-vehicles.
Also worthy of mention are the global benefits of sustainable mobility, namely the reduction in CO2 emissions and the consequent health improvements for residents in major cities, the elimination of noise pollution and lower vehicle maintenance costs, to name but a few.