Iceland

National governments
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Year Joined
2021
2022 EV Sales Share
67%

ZEV Related Policies
By 2030, all new vehicle registrations will be zero-emission.

Vehicle Incentives
The Icelandic government has committed ISK 1 billion to subsidies for car rental companies to electrify their fleets. The Medium-term Fiscal Strategy Plan 2024-2028 earmarked ISK10.2 billion in 2023 and ISK7.5 billion in 2024 for VAT incentives on electric cars.