Are Electric Vehicles Discharging Tax Revenues? The Türkiye Case

Home Page
About
Submit A Journal
Submit A Conference
Submit Paper/Book
- Submit a Preprint
- Submit a Book
Contact

Ege Akademik Bakış Dergisi
Cilt: 24 Sayı: 4
Are Electric Vehicles Discharging Tax Revenues? The Türkiye Case

Are Electric Vehicles Discharging Tax Revenues? The Türkiye Case

Authors : Doğan Bakırtaş, Metin Nazlıoğlu, Hasan Yazar

Pages : 517-530

Doi:10.21121/eab.20240403

View : 424 | Download : 422

Publication Date : 2024-11-01

Article Type : Research Paper

Abstract :Türkiye, in tandem with global trends, is witnessing a significant uptick in electric vehicle (EV) sales, prompting concerns about substantial impacts on traditional tax revenues derived from fuel-related products and the automotive sector. Data from the Automotive Distributors Association in Türkiye highlights a noteworthy increase in the EV market share from 0.03 percent (155 units) in 2020 to 4.8 percent (28,931 units) between January and August 2023. This study, utilizing forecasting methodologies such as the Exponential Smoothing Model and Holt’s Exponential Smoothing, projects total vehicle numbers for 2025 and 2030. Employing the Total Cost of Ownership model, encompassing registration, motor vehicle tax, fuel/charging costs, and maintenance, the research compares tax revenues from electric and internal combustion engine vehicles. The findings underscore an imminent government challenge, anticipating tax revenue losses of approximately $567.5 million for 2025 and $1.9 billion for 2030.
Keywords : Electric Vehicles (EVs), Tax Revenues, Total Cost of Ownership Model (TCO)

ORIGINAL ARTICLE URL

* There may have been changes in the journal, article,conference, book, preprint etc. informations. Therefore, it would be appropriate to follow the information on the official page of the source. The information here is shared for informational purposes. IAD is not responsible for incorrect or missing information.