EVs are about to get way more expensive in Denmark
Teslarati provides a perfect example of the effects of the change on Tesla. Under the current rules, a Model S with a 70-kWh battery pack costs the equivalent of around $86,000 US in Denmark. However after the exemption ends, a fully taxed example of the same model would skyrocket up to about $223,000. It doesn't take an economic genius to imagine the effect on sales of more than doubling prices overnight.
With months to go before the exemption ends, Danish EV buyers don't need to get anxious yet. There already appears to be hope for a change of heart, too. According to Teslarati, the tax minister there gave an interview where he said that he was looking into a solution to the issue.
While EVs seem to be gaining a foothold of acceptance in some European countries, Denmark doesn't have the only government considering dialing back the incentives on owning one. Despite having one of the world's largest electric vehicle markets, Norway is looking to end many of its perks by the end of the decade, as well. And Germany, well, that country hasn't yet had a strong EV incentive scheme, despite promises and pleas.
Tesla Model S Information
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