Sweden offers rebate on green cars ~ Hybrid Car Review
Hybrid Car Review: Sweden offers rebate on green cars

Friday, March 30, 2007

Sweden offers rebate on green cars

Sweden, through the Swedish Road Administration, will be offering a rebate of 1,070 euros on each new car that emits less than 120 grams per kilometer of CO2. The program lasts through December, 2009.

They are allocating 5.4 million euros this year, with twice that being set aside for 2008 and 2009. The SRA believes they can boost green car sales by 10 to 15 percent with their rebate.

All cars, not just alternative fuels or hybrids are eligible for the rebate.

Other new Sweden mandates include requiring all major stations to provide an alternative fuel and free parking for green cars.

Source: Swedish government offers discount to buyers of green cars - Automotive News

Sweden joins several other countries that offer some sort of incentive for buyers to purchase cars that either emit less or use less fuel. The US offers a federal tax credit, while Canada recently announced their intentions to give $2,000 to those who buy hybrids while buyers of gas guzzlers will have to pay up to $4,000.

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