| ▲ | dalyons 13 hours ago | |||||||
Does it? It’s a million cars sampled at random. Perhaps fleet affects that a little, but these are big numbers. Claimed 80% reduction in emissions, real world 20%. Some fleet skew is not going to impact that meaningfully > In much of Europe the majority of PHEVs are purchased by companies because of tax incentives. Love to see some evidence for that being the majority | ||||||||
| ▲ | tzs 6 hours ago | parent [-] | |||||||
In Portugal a whopping 87% of PHEV registrations are to corporations [1]. It was close to 60% in the UK a few years ago [2]. This should not be too surprising, once you learn another fact that is probably more surprising: corporate sales make up a majority of car sales in much of Europe. Around 65% in Germany, 60% in UK, 55% in France (the 3 largest car markets in Europe). Corporate buyers love PHEVs. They get many of the same or similar tax breaks that full EVs get, whereas hybrids that are not PHEVs usually just get the same corporate tax treatment that ICE cars get. Even though a PHEV usually costs more upfront than a similar regular hybrid which usually costs more than a similar pure ICE, the tax breaks make the PHEV a better deal even if the company has no intention of ever plugging it in. Compare to individual buyers. They get much fewer incentives from the government. For them the higher cost of a PHEV over a regular hybrid only makes sense if they are going to plug the thing in. Countries are starting to phase out the PHEV tax breaks for corporations, so we should start seeing the percent of PHEVs that actually get plugged in start to go up. [1] https://theicct.org/publication/european-market-monitor-cars... [2] https://www.fleetnews.co.uk/news/car-industry-news/2022/05/3... | ||||||||
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