Hyundai says Portuguese will pay more for opting for environmentally friendly cars – Automobile

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The limitation of tax incentives for hybrid vehicles and plug-in hybrids approved by Parliament in the vote on the specialty of the State Budget for 2021 (OE2021) continues to agitate the automotive sector.

The associations ACAP and ARAN have already criticized the measures harshly and BMW has also expressed to the Business the displeasure with the decision, admitting that it will have a “negative impact for the company”. Hyundai Portugal also expressed this Thursday the “astonishment” with the measures and defends that “the Portuguese will pay more for opting for environmentally friendly cars”.

The South Korean brand has about 15% hybrids and plug-in hybrids in total sales in the Portuguese market in the first 10 months of this year. In a statement, Hyundai Portugal starts by lamenting that “a measure with such a significant impact has been taken unilaterally, without the sector having been previously consulted, without doing any calculations, without measuring possible impacts and consequences”.

The South Korean manufacturer also lists reasons for disagreement with “rigorous data”, detailing that “hybrid vehicles have significantly lower emission levels when compared to a conventional vehicle, even when we talk about larger engine sizes. a hybrid family car is 119g CO2 / km versus 128g in a diesel family car and 142g in a gasoline family car “.

“There is no scientific evidence to justify that hybrid or plug-in vehicles are more polluting than combustion engines, even in the absence of loading routines, so, in our view, this premise that served as the basis for changing the policy of incentives simply does not reflect reality “, he adds.

In addition, says Hyundai, “Portugal is already one of the markets with the highest tax burden on automobiles. The measure now presented does not more than, in some cases, double the tax burden applied to these vehicles (hybrids and plug-in) which, remember, already represent about 20% of the market “.

Thus, he stresses, “these technologies that are objectively less polluting than combustion engines, will naturally lose competitiveness. The alternative will obviously go through combustion engines (gasoline and diesel), not only because, generally, they present lower transaction values competitive, but above all because its use is the closest to that of a hybrid or plug-in car “.

And, he considers that users who were considering purchasing hybrids or plug-in hybrids will buy gasoline or diesel cars “given their needs for using the vehicle”. Therefore, he reinforces, “we anticipate, therefore, that electrical technology does not constitute a substitution option for drivers of hybrid and plug-in vehicles and that we will see an increase in the number of combustion vehicles in circulation”.

“In short, with this measure, the Portuguese will pay more for opting for environmentally friendly cars, which will be more taxed”, emphasizes Hyundai.

“We witnessed, with amazement, a reversal of the strategy for raising awareness of environmental awareness, which was being implemented with good results and which placed Portugal among the
most evolved countries with regard to the adoption of sustainable technologies “.

And he leaves an alert: “A decision with this impact will result, in the short term, in a serious recession,
accentuated by the current pandemic situation. At stake is the entire business strategy defined by the sector for the coming years, the commitments made, the commitment to seek more environmentally responsible solutions, the huge investments in vehicle stocks already made, and
thousands of jobs “.

“We have not chosen this path. Who will take responsibility?”, Concludes the text, signed by Hyundai Portugal’s CEO, Sérgio Ribeiro.







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