Consumer and government spending on electric cars, 2016-2021

Sources

IEA analysis based on EV Volumes.

Notes

Government spending is the sum of direct central government spending through purchase incentives and foregone revenue due to taxes waived specifically for electric cars. Only central government purchase support policies for electric cars are taken into account. Consumer spending is the total expenditure based on model price, minus government incentives. Incentives provided for company cars are not included.