Researchers worry about government plan to levy higher tax on EVs

FINLAND is on path to become a laggard in emission reductions if the government follows through with its proposal to levy higher taxes on electric vehicles, warn researchers from VATT Institute for Economic Research and the Finnish Centre of Excellence in Tax Systems Research (FIT).

The researchers argue that the government proposal would erode the relative benefits of electric vehicles in circumstances where the electric vehicle stock has to grow rapidly if national emission reduction targets are to be met.