Norway’s electric car revolution began with the most unlikely of champions.
The two most generous measures - the removal of a 25 per cent Value Added Tax and elimination of the hefty one-off Registration Tax - have had the biggest impact in turning electric vehicles from the plaything of rich environmentalists to a budget-friendly no-brainer for the mainstream.Norway has had various incentives in place for nearly three decades but the surge really only started less than 10 years ago.
“It was a real breakthrough to see huge American car makers using their very expensive airtime to promote electric vehicles,” says Climate and Environment Minister Sveinung Rotevatn.“So if you have any doubt over the direction this thing is going, look no further. This is happening. This is coming. It’s just a question of how fast and to me it seems this is going to happen much, much faster than people think.
“Yes, we are foregoing revenue from not taxing these vehicles but we also have huge revenue from taxing fossil fuel vehicles and petrol that other countries are foregoing voluntarily,” Rotevatn says.“Most other countries don’t have as high CO2 taxes on fuel as we have. Most countries don’t have as high a VAT rate. Most countries don’t have special taxes on fossil fuel cars when you buy them. So I would tell them to start there.
Minister Rotevatn says of the muted politics: “The simple reason is that its popular - voters like these cars. Both politicians and voters see that this is something that actually does work.
BevanShields The media.... & the misconception that electric cars are the way of the future, when they are merely another version of murdering the earth & our future...
BevanShields There’s a lot of hype about EVs but in Australia they are little more than a novelty and will be for many years to come. Currently EVs make up less than one percent of registered cars and at current growth levels will make up about six percent in the year 2030.
BevanShields Why do we always use Nordic countries as examples of anything They have such small populations that it’s not comparable to countries like India or China or the US. Also they get most of their wealth from oil in the North Sea to be able to live this lifestyle!!
BevanShields the better headline - Norway's 'A-Ha' moment
BevanShields 'So what's driving the battery boom?' Geez, I dunno. How about people being concerned about that little thing called climate change?
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