Tax exemption attracts automakers to Denmark

smart.car.r34.500.jpg Denmark's institution of a tax exemption on electric vehicles at least until 2012 is attracting a growing list of auto manufacturers to the Scandinavian country's market.

Germany’s Daimler Chrysler is the latest auto maker to get in line as its Mercedes unit is working to roll out plug-in electric versions of the Smart car by the end of 2009. Daimler’s been working with German utility RWE on a pilot project in Berlin that entails road testing 100 electric Smart cars and building a network of 500 charging stations. It’s also working on a similar project in London with Smart Fortwo, where electric cars are being used by corporate groups and municipal authorities.

Better Place is working with the Renault-Nissan Alliance and DONG Energy to bring electric vehicles, infrastructure and distribution to Denmark. France’s Aixam, Sweden’s Saab and Volvo, China’s BYD and California-based Tesla Motors are also working on entering the Danish market.

Better Place CEO and founder Shai Agassi told the UK’s The Register that the tax break could bring the typical price for an electric car in Denmark down to as low as $20,000 from about $60,000.

Having started out with a project to build half a million charging stations in Israel, Better Place also announced a nationwide smart car-battery recharging network project in Australia.

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Original Story: Triple Pundit

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