Bulgaria to Have 200,000 Electric Vehicles by 2025

Bulgaria is expected to have some 200 000 electric vehicles in 15 years. Photo by BGNES

At least 200,000 electric vehicles will be on Bulgarian roads by 2025, according to a forecast of the Bulgarian Electric Vehicles Industrial Cluster (EVIC) presented by the Bulgarian Industrial Association.

This will account for a total of 3% of all cars in Bulgaria, the EVIC report predicts, stressing that the users of electric vehicles must get a lot of tax breaks and other incentives from the state.

Some of the proposed measures include a state grant equal to 30% of the vehicle's worth, exemption from traffic taxes, and parking fees.

What is more, the report urges the introduction of a special tax for the families having more than one vehicle running on fossil fuels.

The EVIC report has been drafted under a project funded with EU money from Operational Program "Human Resource Development"

It was presented by Zhechko Dimitrov, a program director at BIA, Iliya Levkov, chair of EVIC, and Ivan Neykov, chair of the Balkan Labor and Social Policy Institute.

We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!