Free Republic

The government has defended its move to gradually phase out tax breaks on electric cars as a way to make things fairer for car owners, but the maker of Denmark’s most popular electric model has slammed the plan as anti-competitive and a death knell for the industry. A political agreement reached on Friday afternoon will see tax breaks on electric cars phased out over the next five years. As a result, the costs of some popular electric models will skyrocket. The hardest hit will be the luxury model Tesla S P85D, which will more than double in price from 875,000...