Bulgaria to Have 200,000 Electric Vehicles by 2025

Bulgaria to Have 200,000 Electric Vehicles by 2025

At least 200,000 electric vehicles will hit Bulgaria's roads by 2025, the Sofia-based Electric Vehicles Industrial Cluster (EVIC) has forecast.

This will account for a total of 3.0% of all cars in Bulgaria, news portal novinite.com reported on Tuesday, quoting an EVIC report.

The organization cautions that owners of electric vehicles must get a lot of tax breaks and other incentives from the state in order to fuel demand.

Some of the proposed measures include a state grant equal to 30% of a vehicle's sticker price as well as exemption from road tolls and parking fees.

The report further calls for the introduction of a special tax for families owning more than one vehicle running on fossil fuel.

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