Are electric cars tax deductible in Portugal?

Buyers are exempt from registration tax and can deduct the VAT on their tax returns. However, early Associação Automóvel de Portugal (ACAP) sales numbers for 2024 show a potential significant slowdown. Share of battery electric vehicles (BEV) and plug-in hybrid electric vehicles (PHEV) sold as a percentage of all new vehicles sold.

What are the top electric cars in Portugal?

Other top brands included BMW (4,074), Volvo (3,203), Peugeot (3,017), and Mercedes-Benz (2,860). The Tesla Model Y and Model 3 led the rankings, followed by the Volvo EX30 and Peugeot e-208. Portugal’s progress in electric mobility is supported by advancements in charging infrastructure and the integration of renewable energy:

What does Portugal's energy storage tender mean for the energy transition?

Portugal’s government has announced the outcome of an energy storage tender that will see the installation of 500 MW of energy storage capacity to support the country’s energy transition. Energy storage battery. Photo by Anna Vasileva

What are the trends in electric mobility in Portugal?

These trends highlight the increasing confidence of Portuguese consumers in electric mobility. BEVs: 41,741 units (+14.7% YoY). PHEVs: 28,346 units (+4.5% YoY). Combined BEVs and PHEVs: 70,087 units, marking a 10.31% YoY increase.

How many EVs are being purchased in Portugal in 2025?

Predictive data indicates that the number of EVs purchased per year in Portugal will continue to rise strongly with 45,670 EVs being purchased during 2025; 51,770 during 2026; 58,810 in 2027 and 66,920 in 2028.