News

CO2-based car taxes

May 20, 2010

The number of EU member countries that have a CO2-based form of car taxation has increased to 17, according to figures from the European car makers association Acea.

The figure is up from nine in 2006, and the latest two countries to join the group are Germany and Latvia. Fifteen of the 18 offer cash incentives for buying electric cars. T&E says the trend is hardly surprising, especially with the EU’s cars/CO2 regulation now agreed.