Tesla Model S/Model X sales surge in Netherlands before impending end of EV incentive
According to reports, the sales of Tesla’s Model S and Model X electric cars has witnessed an increase in the Netherlands, ahead of the impending end of an electric-vehicle (EV) incentive in the country.
The recent surge in Tesla’s sales in the Netherlands are apparently linked to the significant tax break on the Benefit-in-kind (or BIK) ending for vehicles priced at more than €50,000, like the Model S and Model X.
The BIK tax break in the Netherlands reportedly amounted to maximum of €19,000 for corporate EV owners over five years. The government’s EV incentive brought the tax down to 4%, but it will increase to 22% for any amount more than €50,000, with effect from 2019.
The generous EV incentive offered by the Netherland’s government was probably a key reason for an increasingly popularity of EVs in the country. For Tesla in particular, the Netherlands has long been a crucial market because it is one of the automaker’s biggest markets for sales per capita.
Going by the registration data, more than 3,000 units of Tesla’s Model S and Model X electric cars have been delivered in the Netherlands in 2018, marking a two-fold increase over the 2017 figures. The growth of Model S sales has been especially notable, with the electric sedan accounting for nearly two-third of the automaker’s 2018 sales in the country.
New plans related to production of Model 3 have surprised parts makers. The automotive company has planned to launch its Model 3 by 2018, which is two years prior to what earlier was decided.
South Korean tire manufacturer Hankook Tire Manufacturing Company unveiled its new tires for electric vehicles (EVs) on Monday.
In accordance with Tesla CEO Elon Musk’s earlier-this-week announcement, the automaker is rolling out a new software update for its Autopilot system for its electric vehicles.
In a recently released report, Forbes has drawn attention to data which shows that the sales of electric vehicles (EVs) in China were the highest in the world during 2017.
With US electric vehicle maker Tesla Motors having stabilized the monthly deliveries of its vehicles after recent issues, the sales of the company’s electric vehicles (EVs) in Norway have increased almost two-fold as compared to the 2017 figures.
According to a recent announcement, Ryder is placing an order of a big fleet of 500 all-electric vans with a new electric vehicle startup Chanje.