Share article:
Share article:

Barely 0.6% company cars in Belgium are electric

© Belga

Diesel is losing ground on the company-car market (-17%), while electric vehicles only represent 0.6%, the Acerta group’s HR services announced in a statement on Thursday.

Today, nearly one car in five (19.2%) runs on gasoline against only 3.5% in 2014.

Diesel almost held a monopoly in 2014, with 96% of company cars. Five years later, it has declined significantly, not in favour of electric models, but in favour of gasoline engines.

“To understand the limited share of electric company cars, we probably do not have to look further than at the price. Company cars’ size is generally ‘average’, and this electric cars category is always in the expensive segment,” Acerta legal adviser Olivier Marcq explains.

CEOs, however, use electric vehicles a little more often. They now represent more than 3% (against 0.7 in 2014), Acerta confirms.

To see the eclosion of electric company vehicles, several issues must be first resolved, according to Acerta. “Many more charging stations would be necessary, including on the companies’ premises, but agreements must also be made to address the home-loading issue,” the company says.

However, the new 2020 taxation of company cars already links the deductibility of company car costs (car fuel) to CO2 emissions. “For a very polluting company car, deductibility may drop to 40%. The tax incentive for electric driving is thus even higher,” Marcq concludes.

Acerta based its study on data of employees in the private sector which was provided by more than 45,000 employers.

The Brussels Times

Latest news

Over 50,000 march against fascism in Rome
Tens of thousands of people demonstrated against fascism in Rome on Saturday, one week after violent protests against the Covid certificate. Over ...
Will Brussels bounce back?
The lockdowns have tested the city and forced it to confront key questions about its future. Derek Blyth looks back at an extraordinary moment in our ...
Vaccinations: Belgium’s Health Minister currently not in favour of a general booster shot
The latest figures on new coronavirus cases are worrying, but rather than imposing new safety measures, what is needed is full compliance with ...
Thousands protest against the Covid health pass in France
Demonstrations against the health pass and other measures aimed at preventing the spread of the Coronavirus mobilised tens of thousands of protesters ...
Record-breaking 770-metre highline installed in Freÿr, Belgium
A 770-metre long highline was installed at an altitude of 70 metres at the Freÿr Rocks on Saturday, setting a new Belgian record, according to ...
Huge cannabis farm discovered inside closed down Chinese restaurant near Charleroi
A cannabis plantation with several hundred mature plants was dismantled on Friday evening in a former Chinese restaurant on Chaussée de Bruxelles ...
Citizen founded wind turbine project launched in Liège region
A citizen founded wind turbine project was inaugurated in the Liège Region on Saturday by Walloon Energy Minister Philippe Henry (Ecolo) together ...
Five questions to philosopher Philippe Van Parijs on Leopold II and embarrassment in Brussels’ public space
The worldwide explosion of the Black Lives Matter movement in the aftermath of the death of George Floyd, combined with the 60th anniversary of the ...
Belgium to invest in sustainable heating in 2022
The federal government will set aside about one million euros in its 2022 budget for a social tariff for sustainable heating, Federal Energy Minister ...
Unfinished draft of new Astérix story discovered
The discovery of the unfinished draft of a cartoon album on the most famous of all Gauls, sketched by cartoonist René Goscinny, was announced by his ...
Anti-vaxxers demonstrate against Covid Safe Ticket in Brussels
Hundreds of supporters of the anti-vaxx movement gathered on Saturday outside the headquarters of the Pfizer pharmaceutical company to protest ...
Belgium’s investment funds total 260 billion euros in assets
Belgium’s funds industry grew by 5.3% (13 billion euros) in the second quarter of this year, bringing investment funds available to the public to ...