Norway is the world leader in EV sales, but now it’s crossed a new landmark: the first country with more EVs than gas cars in service.
Archived version: https://web.archive.org/web/20240915025331/https://electrek.co/2024/09/14/there-are-now-more-electric-cars-than-gas-cars-on-norways-roads/
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Norway is a rich country so the government can help people buy electric instead of gasoline cars. Of course, they got rich by selling oil, but yes.
14 points
They actually don’t use the fund to subsidize it. And many policies were added overtime, which any managed economy should be able to do.
The Norwegian EV incentives:
- No purchase/import tax on EVs (1990-2022). From 2023 some purchase tax based on the cars’ weight on all new EVs.
- Exemption from 25% VAT on purchase (2001-2022). From 2023, Norway will implement a 25% VAT on the purchase price from 500 000 Norwegian Kroner and over
- No annual road tax (1996-2021). Reduced tax from 2021. Full tax from 2022.
- No charges on toll roads (1997- 2017).
- No charges on ferries (2009- 2017).
- Maximum 50% of the total amount on ferry fares for electric vehicles (2018)
- Maximum 50% of the total amount on toll roads (2018-2022). From 2023 70%
- Free municipal parking (1999- 2017)
- Access to bus lanes (2005-). New rules allow local authorities to limit the access to only include EVs that carry one or more passengers (2016-)
- 25% reduced company car tax (2000-2008). 50% reduced company car tax (2009-2017). Company car tax reduction reduced to 40% (2018-2021) and 20 percent from 2022.
- Exemption from 25% VAT on leasing (2015-)
- The Norwegian Parliament decided on a national goal that all new cars sold by 2025 should be zero-emission (electric or hydrogen) (2017).
- «Charging right» for people living in apartment buildings was established (2017-)
- Public procurement: From 2022 cars needs to be ZEV. From 2025 the same applies to city buses
1 point