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Fleet Guide

EV Charging for Taxi and Rideshare in Iceland

Updated March 2026

Taxi and Rideshare teams in Iceland typically drive around 300 km per day. Here is what you need to know about charging costs, available networks, and tax incentives for running an electric fleet in Iceland.

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All costs, tax incentives, and infrastructure data are approximate and based on publicly available information as of early 2026. Actual charging costs depend on your vehicle, charging speed, network, and contract. Tax incentives may change. Check your vehicle manual and local regulations for the latest information. EVcourse is not affiliated with any vehicle manufacturer or charging network mentioned on this page.

At a Glance

EV market maturity
high
DC fast charging cost
0.42 EUR/kWh
Plug standard
Type 2 / CCS2
Typical daily distance
300 km
Charging networks
3+ networks
Home electricity cost
0.08 EUR/kWh

Charging Infrastructure in Iceland

Mature EV market with extensive charging infrastructure. Ranks second globally for EV market share after Norway. Nearly 100% renewable electricity from hydro and geothermal. ON Power operates the main national charging network along the Ring Road.

Charging Networks

Major charging networks available in Iceland for taxi and rideshare vehicles:

ON Power Ísorka Tesla Supercharger

Popular roaming cards that work across multiple networks: ON Power. A roaming card simplifies payment for taxi and rideshare teams who charge at different stations throughout the day.

Charging Costs for Taxi and Rideshare

Estimated daily and monthly charging costs for a typical taxi and rideshare vehicle driving 300 km per day in Iceland. These estimates use the average consumption of recommended vehicles for this industry.

Depot / Home Charging

4.1 EUR / day

~90 EUR / month (22 days)

At 0.08 EUR/kWh average home rate

Public DC Fast Charging

21.6 EUR / day

~474 EUR / month (22 days)

At 0.42 EUR/kWh average DC rate

Depot or home charging is typically 81% cheaper than public DC fast charging in Iceland. For taxi and rideshare teams, overnight depot charging is almost always the most cost-effective strategy.

Fleet Tax Incentives in Iceland

EVs exempt from excise duty. Reduced annual vehicle tax for zero-emission vehicles.

Tax incentives can significantly reduce the total cost of ownership for taxi and rideshare fleets. Check with your local tax advisor for the latest rules and how they apply to your specific situation.

Recommended Vehicles for Taxi and Rideshare in Iceland

These vehicles are commonly used in taxi and rideshare and can cover the typical 300 km daily requirement. All use Type 2 / CCS2 connectors, the standard in Iceland.

Tesla Model Y

586 km (WLTP) · 75 kWh · 250 kW DC · 27 min (10-80%)

Estimated daily cost (DC): 20.8 EUR · Home: 4.0 EUR

Meets range
Suitability guide Charging costs

Hyundai IONIQ 5

570 km (WLTP) · 80 kWh · 263 kW DC · 18 min (10-80%)

Estimated daily cost (DC): 22.4 EUR · Home: 4.3 EUR

Meets range
Suitability guide Charging costs

Kia EV6

528 km (WLTP) · 74 kWh · 233 kW DC · 17 min (10-80%)

Estimated daily cost (DC): 22.7 EUR · Home: 4.3 EUR

Meets range
Suitability guide Charging costs

Mercedes-Benz EQB

536 km (WLTP) · 70.5 kWh · 102 kW DC · 35 min (10-80%)

Estimated daily cost (DC): 21.4 EUR · Home: 4.1 EUR

Meets range
Suitability guide Charging costs

BYD SEAL

570 km (WLTP) · 82.5 kWh · 150 kW DC · 36 min (10-80%)

Estimated daily cost (DC): 21.7 EUR · Home: 4.1 EUR

Meets range
Suitability guide Charging costs

Volkswagen ID.7

621 km (WLTP) · 77 kWh · 190 kW DC · 27 min (10-80%)

Estimated daily cost (DC): 20.4 EUR · Home: 3.9 EUR

Meets range
Suitability guide Charging costs

Practical Tips for Taxi and Rideshare in Iceland

  • Charge overnight at your depot whenever possible. Home or depot rates (0.08 EUR/kWh) are significantly cheaper than public DC fast charging (0.42 EUR/kWh) in Iceland.
  • Get a roaming card (ON Power) to access multiple charging networks without separate accounts for each.
  • Check tax incentives before purchasing. Iceland currently offers fleet EV incentives that can reduce your total cost of ownership.
  • Use the EVcourse app to scan charger screens when something looks wrong. It works with any charger brand or language.
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