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Portugal

Summary

    Title: 
    Portugal
    Capital: 
    Lisbon
    Population: 
    10.311.000
    Gross Domestic Product (in billion EUR) : 
    € 230,75
    Total land area (km2): 
    91.568 km2
    Passenger cars: 
    4.327.000
    Highway (km): 
    2.647 km
    Gross Domestic Product Capita (in EUR): 
    € 22.379

    PEV (M1) market share in Portugal

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    PEV (M1) new registrations in Portugal

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    Top 5 bestselling PEV models (M1) in Portugal

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    CNG (M1) market share in Portugal

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    CNG (M1) new registrations in Portugal

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    Country incentives Portugal

    Incentive category Description
    Purchase Subsidies

    National Subsidy for BEV's: 2.250€ and PHEV's: 1.125 €

    Registration Tax Benefits

    Tax reduction / exemption - CO2 based tax

    Ownership Tax Benefits

    Tax reduction / exemption - CO2 based tax

    Company Tax Benefits

    VAT is Deductable for companies (With acquisition cost <€ 50,000)

    Local Incentives

    - Free parking in Lisbon

    - Local utilty company gives 1 year discount in electricity for BEV buyers

    Incentives info

    The Law 7-A/2016 (March, 30th) defines the State Budget amounts and rules for the year 2016. Under that Law, all the previous rules concerning electric vehicles are maintained. However, the fiscal benefit under the End-Of-Life incentive, previously introduced in section of the State Budget rules approved for 2015 of the Green Fiscal Reform by Law 82-D/2014 (December, 31st) were changed.

    The new Law for 2016 (with effects also for 2017) states that the incentive for a new electric vehicle (without previous registration) when an old vehicle is delivered for End-Of-Life dismantling is now € 2250 (half of the previous value); this is performed through a new wording of 1 a) of Article 25th of Law 82-D/2014. It also halves the incentive for a new hybrid plug-in to € 1125 through a new wording of 1 b) of Article 25th of Law 82-D/2014.

    It also establishes, through a change in Article 54th of Law 82-D/2014 that the incentives will be maintained until the end of 2017, but a further 50% reduction will affect them in 2017, including the actual € 1000 for a new heavy electric quad cycle (the incentive for this vehicle did not change from 2015 to the new 2016 rules).

    Therefore, after January 1st, 2017, the fiscal incentives should be € 1125 for a new electric vehicle, € 562.50 for an hybrid plug-in and € 500 for a quad cycle.