Automotive Update (Q1 2024)

Following the recent implementation of the Dutch Tax Plan 2024, in this Automotive Update we will discuss the latest tax developments and expectations in the automotive sector. We will highlight the most important changes in the field of subsidies and taxes for zero-emission cars. In addition, we will discuss the status of the upcoming truck tax.

In its Climate Agreement (Klimaatakkoord), the Dutch government has declared its intention to strive for zero-emission road mobility, with subsidies for zero-emission cars as an important instrument. This policy is in line with European ambitions, as laid down in the European Green Deal, which sets ambitious goals for emission reduction and energy transition in the automotive sector. An important element is to cease the production of fossil fuel cars by 2035, which means that car manufacturers must focus on a future in which electric cars (EVs) and hydrogen-powered cars (FCEVs) are the norm.