Electric cars made up nearly two thirds of Norway’s new sales in 2021, with Tesla the top selling automobile brand overall, as the country pursues its goal of becoming the first to end the sale of petrol and diesel cars.
- This story does not mention Norway deeply subsidizes the purchase of EVs by selling oil to other nations.
- In Norway, the price of a gas vehicle has about a 100% tax applied to it based on vehicle weight and engine size. EVs, though, are exempt from the registration tax and 25% value added tax.
- EVs pay half price on toll roads, public parking fees and ferry transport ships.
- 99% of electricity production in Norway is from low-cost hydropower so using EVs is a cost-effective way to reduce CO2 emissions (unlike countries that source electricity mostly from burning coal and gas).
- Norway is a terrible location for solar PV so adopting EVs among a cheap hydropower infrastructure is the right solution for Norway.
- Because Norway has time limits on purchase incentives, Norway encouraged people to junk existing functional vehicles and replace today with EVs. This, however, results in excess lifetime CO2 emissions due to the manufacturing and disposal energy consumption issues issues versus driving existing vehicles as long as possible to reduce their overall, lifetime energy use and CO2 emissions.
See my previous post on this topic.