Spending on EV purchases, 2010-2019

Sources

IEA calculations based on IEA (2020d), IHS Markit (2018) and EV Volumes (2020).

Notes

Government spending includes direct and tax expenditures on battery-electric vehicles (BEVs) and plug-in hybrid EVs. Spending is inclusive of sales taxes. Government incentives assigned per model in each year based on national policy documents and include tax incentives and transfers to consumers or manufacturers to reduce purchase prices. Non-purchase incentives, such as lower road taxes or parking fees, are not included.