Spain's Automotive Industry in a State of Flux: New-Car Market Suffers from EV Incentive Uncertainty A growing concern is plaguing Spain's new-car market as uncertainty surrounding electric vehicle (EV) incentives threatens to disrupt the country's transition to cleaner transportation. The Spanish government has been under pressure to revise its EV subsidy scheme, which has been in place since 2020. The current incentives, worth up to €6,000 for eligible buyers, are set to expire in 2026, sparking fears that a lack of clarity on future support could deter consumers from purchasing environmentally friendly vehicles. As a result, Spain's automotive industry is bracing for a potential slowdown, with manufacturers and dealerships alike anxiously awaiting a clear policy direction from the government.
Is Spain’s new-car market suffering from EV incentive uncertainty? Autovista24
