Spain and the Czech Republic have become the latest nations to offer car 'scrappage' incentives.
The Spanish government is offering €500 per car but wants the country’s autonomous regions to make an additional contribution. The Czech scheme has two levels, with incentives of €1150 and €2300 depending on the kind of new car being bought. Both schemes have minimum CO2 emissions criteria, but environmental groups have criticised them for being too weak.
Uphold the European Green Deal
The Commission must champion the Green Deal as a strategy for hope, resilience and fairness. Now is the moment to lead with courage – and to invest in...
But going back on the 2035 zero-emissions target and deploying no industrial strategy could instead see loss of 1 million auto jobs.
A new study models the impact of EU electric vehicle leadership and ambitious policies on investment and jobs.