4 ms·

Since the article doesn't say, is there an economic reason why EV adoption is so high? More aggressive subsidies for new purchases? Or solely driven by expensiv

Since the article doesn't say, is there an economic reason why EV adoption is so high? More aggressive subsidies for new purchases? Or solely driven by expensive gasoline?

0x0 5y ago
You don't have to pay the usual 25% sales tax, and you can drive in bus lanes, and tolls are 0-50% of what normal cars pay
- deleted 5y ago
  [deleted]
tyfon 5y ago
There is no tax on EVs, but a lot of tax on fossils :) You also get some other incentives but they are in the process of being phased out now.
- Zitrax 5y ago
  Just as an example compared to the neighbour country: The base model Y price in Norway is 534'000 NOK (~52'000€) while in Sweden 719'900 SEK (~70'700€). For non EV cars it's usually the other way round.
  - ratsforhorses 5y ago
    So are people from Sweden or elsewhere buying them in Norway?
    - tyfon 5y ago
      No they need to pay taxes when importing so it doesn't quite work that way.
option 5y ago
I am in US where gasoline is way too cheap than it should be. I am still going to buy Model Y (or X) simply because it is a great car (fun to drive, over the air updates, autopilot, etc)
- deleted 5y ago
  [deleted]
Someone1234 5y ago
I was thinking the same. The Y is a great EV, it is also a $53K+ vehicle. There's a LOT of people who would happily be driving an EV right now but their last gas guzzler wast less than half that cost. How can Norwegians swing their local equivalent of $53K for any vehicle EV or not? There has to be more going on here economically/financially.
- brianwawok 5y ago
  They actually make car buyers chip in to pay for the negative externalities of burning dinosaur bones. Here in Indiana I pay an EV tax to make up for lost gas tax revenue, literally the opposite of what should happen.
  - sremani 5y ago
    EVs are heavier than normal cars and you are using the road. So, it is fair to pay the road tax. Assuming the money collected for this directly goes to road maintenance. I do not have problem with paying taxes that go for roads. Even though in my case I own PHEVs than BEVs. That would be last of my complains.
    - nicoburns 5y ago
      The effects of climate change are expected to be a lot more expensive than road maintenance, so I think the tax is still the wrong way around.
      - sremani 5y ago
        I would have agreed if EVs had no Carbon footprint.
    - brianwawok 5y ago
      Heavier part is not significant. The weight effect on road wear is like a 4th order effect. 1 semi-truck causes something like 100,000 the road wear of a single heavy EV. I am fine if we want to tax this route, but disel is now going to cost $300 a gallon for trucks.
CerebralCerb 5y ago
Cars are very heavily taxed in Norway. The EV's are barely taxed at all. A Tesla Model 3 is close to the cheapest new car you can buy. EV's pay much less for toll roads. I think it used to be free. Gasoline is heavily taxed. The price is currently close to 9$/gallon.
foobarian 5y ago
It looks like Norwegian fees on imports are pretty crazy, on top of the 25% VAT. All of which is waived for EVs. The import fees seem to be composed of several sub-fees such as HP tax, weight tax, CO2 tax... I can't tell what the number since it varies is but guessing over 50% of the base price on average. If someone offered me a car with a 75% discount you can bet I'd buy it EV or not ;)
magicalhippo 5y ago
Besides the incentives, I think a lot have realized that fossil fueled cars cannot be part of our future. A lot of Norwegians can charge at home, and with the range of the new generation of EV's the main obstacle has been passed[1]. This makes buying an ICE car a risky prospect, given that future CO2 taxes and such can make gas prices much higher, driving down the resale value. We live in the city and have a BWM i3, and there's zero chance our next vehicle will be anything but a pure EV. [1]: https://www.nrk.no/vestland/renate-folgjer-den-grone-straumen-og-valde-elbil-1.15632894 https://www.nrk.no/vestland/renate-folgjer-den-grone-straume...

Since the article doesn't say, is there an economic reason why EV adoption is so high? More aggressive subsidies for new purchases? Or solely driven by expensive gasoline?

0x0 5y ago

You don't have to pay the usual 25% sales tax, and you can drive in bus lanes, and tolls are 0-50% of what normal cars pay

deleted 5y ago
[deleted]

tyfon 5y ago

There is no tax on EVs, but a lot of tax on fossils :) You also get some other incentives but they are in the process of being phased out now.

Zitrax 5y ago
Just as an example compared to the neighbour country: The base model Y price in Norway is 534'000 NOK (~52'000€) while in Sweden 719'900 SEK (~70'700€). For non EV cars it's usually the other way round.
- ratsforhorses 5y ago
  So are people from Sweden or elsewhere buying them in Norway?
  - tyfon 5y ago
    No they need to pay taxes when importing so it doesn't quite work that way.

option 5y ago

I am in US where gasoline is way too cheap than it should be. I am still going to buy Model Y (or X) simply because it is a great car (fun to drive, over the air updates, autopilot, etc)

deleted 5y ago
[deleted]

Someone1234 5y ago

I was thinking the same. The Y is a great EV, it is also a $53K+ vehicle. There's a LOT of people who would happily be driving an EV right now but their last gas guzzler wast less than half that cost. How can Norwegians swing their local equivalent of $53K for any vehicle EV or not? There has to be more going on here economically/financially.

brianwawok 5y ago
They actually make car buyers chip in to pay for the negative externalities of burning dinosaur bones. Here in Indiana I pay an EV tax to make up for lost gas tax revenue, literally the opposite of what should happen.
- sremani 5y ago
  EVs are heavier than normal cars and you are using the road. So, it is fair to pay the road tax. Assuming the money collected for this directly goes to road maintenance. I do not have problem with paying taxes that go for roads. Even though in my case I own PHEVs than BEVs. That would be last of my complains.
  - nicoburns 5y ago
    The effects of climate change are expected to be a lot more expensive than road maintenance, so I think the tax is still the wrong way around.
    - sremani 5y ago
      I would have agreed if EVs had no Carbon footprint.
  - brianwawok 5y ago
    Heavier part is not significant. The weight effect on road wear is like a 4th order effect. 1 semi-truck causes something like 100,000 the road wear of a single heavy EV. I am fine if we want to tax this route, but disel is now going to cost $300 a gallon for trucks.

CerebralCerb 5y ago

Cars are very heavily taxed in Norway. The EV's are barely taxed at all. A Tesla Model 3 is close to the cheapest new car you can buy. EV's pay much less for toll roads. I think it used to be free. Gasoline is heavily taxed. The price is currently close to 9$/gallon.

foobarian 5y ago

It looks like Norwegian fees on imports are pretty crazy, on top of the 25% VAT. All of which is waived for EVs. The import fees seem to be composed of several sub-fees such as HP tax, weight tax, CO2 tax... I can't tell what the number since it varies is but guessing over 50% of the base price on average. If someone offered me a car with a 75% discount you can bet I'd buy it EV or not ;)

magicalhippo 5y ago

Besides the incentives, I think a lot have realized that fossil fueled cars cannot be part of our future. A lot of Norwegians can charge at home, and with the range of the new generation of EV's the main obstacle has been passed[1]. This makes buying an ICE car a risky prospect, given that future CO2 taxes and such can make gas prices much higher, driving down the resale value. We live in the city and have a BWM i3, and there's zero chance our next vehicle will be anything but a pure EV. [1]: https://www.nrk.no/vestland/renate-folgjer-den-grone-straumen-og-valde-elbil-1.15632894 https://www.nrk.no/vestland/renate-folgjer-den-grone-straume...