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ICE cars in Norway enjoy a 25% sales tax and quite a lot of taxes for the co2 emisions, engine size etc. Most low end cars end up just short of 100% in taxes, h
by noselasd 9y ago
ICE cars in Norway enjoy a 25% sales tax and quite a lot of taxes for the co2 emisions, engine size etc. Most low end cars end up just short of 100% in taxes, high end cars up to 200%, and luxury cars are a lot more.
Electric cars would not sell anywhere near as good if they weren't exempt from taxes and cost twice as much as they do now.
- floatrock 9y ago> and quite a lot of taxes for the co2 emisions, engine size etc In other words, when you take away the implicit subsidies for the unpriced carbon, electric cars become cost-competitive? (In Norway, the electric grid is primarily renewable/hydro based[1]... yes, I realize this argument is different for countries with different electrical makeups) [1]: https://en.wikipedia.org/wiki/Electricity_sector_in_Norway https://en.wikipedia.org/wiki/Electricity_sector_in_Norway
- noselasd 9y agoIn macro economics, perhaps. To the individuals doing the purchasing, it's their short term expenses that matter most.