Global EV incentives 2025-2026

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Several countries have announced or updated electric vehicle (EV) incentive programs for 2026, with a significant trend toward income-based eligibility and socially-focused support. At present count all 27 European Union member states offer incentives (tax benefits, subsidies).

PLUGGED IN RIDE collates information regarding Global EV programs for your ease-of-access. However, as the EV world develops, the information available is constantly changing. We urge you to consult with the jurisdiction in question for updates. 

The following is an abridged list of the 2026 EV Incentive Programs; PLUGGED IN RIDE (PIR) will update this list, but as they change almost daily, please confirm with your local jurisdiction.

Top EV incentive programs

Country StatusKey Details
South KoreaNew LaunchFor 2026, South Korea is boosting electric vehicle (EV) subsidies by over 30% to 936 billion won ($658 million) to stimulate demand, offering up to 7.54 million won ($4,350) for passenger cars and a 1 million won trade-in bonus for scrapping old combustion vehicles. Subsidies favor cars priced below 53 million won ($36,700) and emphasize longer-range, faster-charging models. 
United StatesStableFederal incentives include up to$7,500 for new EVs and$4,000 for used EVs.

Major 2026 EV incentive programs

Country StatusKey Details
CanadaNew LaunchThe Electric Vehicle Affordability Program (EVAP) launches February 16, 2026. It offers up to $5,000 for new or leased battery-electric (BEV) and fuel-cell vehicles, and up to $2,500 for plug-in hybrids (PHEV).
GermanyReintroducedA new model starts January 1, 2026, with applications opening in May. It features a €3,000 base subsidy and a “social bonus” for low-to-middle-income households, plus €500 per child (up to €1,000).
United KingdomExpandedThe Electric Car Grant continues with a significant budget increase planned for 2026. It offers up to £3,750 for eligible EVs priced under £37,000.
FranceStableThe bonus écologique remains active in 2026. Incentives are based on income, providing up to €5,700 for low-income households and €4,700 for middle-income earners.
SwedenNew ProposalA new subsidy of approximately SEK 54,000 (~€4,938) is expected to begin in January 2026, specifically targeting low-income families in rural areas.

Honourable mentions

Country StatusKey Details
GreeceStableContinue to offer some of Europe’s most generous subsidies, reaching up to €9,000 for individuals.
PolandStableContinue to offer some of Europe’s most generous subsidies, reaching up to €9,000 for individuals.
NorwayNew ProposalRemains a leader with VAT exemptions and reduced road tolls, though it is gradually rolling back perks for luxury models.
SpainNew ProposalOffers a 75% road tax reduction in major cities and a 30% reduction for company car benefit-in-kind taxes for BEVs under €40,000.
IndonesiaNew Proposal Has confirmed it will not extend certain EV import incentives into 2026.

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