Headline Target: No sales of vehicles producing CO2 by 2035 (EU phase-out)

Car Manufacturing Country: No passenger car manufacturing.

Purchase Incentives for Cars: Registration tax exemption, ownership tax exemption. Exclusive incentives: company car tax reduction.

Supplier Regulation Policy: EU emissions performance standard (Tightening CO2 regime)

Infrastructure Incentives: None

Latvia's transition to electric vehicles has grown at a fairly low rate. While not as rapid as in some other countries, the shift towards EVs is becoming increasingly visible. 

The Latvian government has taken steps to encourage EV adoption through incentives such as tax breaks, and infrastructure development, including the expansion of charging stations across the country. Latvia does not have a grant system in place which is likely hindering growth in the sector due to the high ticket price of the vehicles. 

The focus must be on increasing uptake of BEVs, as without a significant car parc of EVs to use the charge points which are being installed, there may be a problem with oversupply and underuse.