EV Sales Down 80% In Denmark For 2016 After Tax Policy Change

Denmark plug-in electric car sales have been subdued this year, as the government decided to gradually end the plug-in exemption from a normally steep 180% tax.

As one can see from the chart above, consumers rushed to buy EVs in November and December or last year, avoiding the first 20% tax wave beginning in January. Mid-way through 2016 (June) sales of plug-in cars stand at only 288 units sold for the first 6 months, compared to 1,299 year ago, off almost 80% (data via EV Sales Blog). . . .

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Rebel44 said:

No - just another proof that if you announce 20% price hike for a product from X date, almost everyone who intends to buy it will do so before that price hike.

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