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Denmark electric vehicle sales surge amid upcoming tax hikes
Danish car sales saw a significant increase in October, with 18,875 new passenger cars registered, representing a 16.9 percent rise compared to October 2024. Industry experts report that many consumers are accelerating their purchases of electric vehicles to avoid impending tax increases.
Under proposed government changes, the tax-free threshold for electric vehicles is expected to drop from 419,300 DKK to 366,200 DKK starting next year. This shift could increase the cost of popular family electric models by 20,000 to 30,000 DKK.
Mads Rørvig, CEO of Mobility Denmark, noted that buyers are moving their decisions forward to stay ahead of these costs. Car importers are currently working to secure stock from across Europe to meet this heightened demand. Total passenger car sales for the year are projected to exceed 210,000 units.
Entities
Denmark · Mads Rørvig · Mobility Denmark · Semler Gruppen · Toyota