29/04/2021 (Agence Europe) – With €398.4 billion in tax revenues in 2020, motor vehicles represent a significant financial windfall for EU Member States, according to the latest figures from the European Automobile Manufacturers’ Association (ACEA) published on Thursday 29 April. This number - 3% higher than the previous year - represents almost two and a half times the total EU budget, ACEA points out. “This income should help fund the charging and refuelling infrastructure that is now urgently needed to cater for the rapidly growing market uptake of alternatively-powered vehicles”, says Managing Director Eric-Mark Huitema, who points out that 14% of cars sold in the first quarter of 2021 are plug-in electric cars. (PH)