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Median income in Norway is $55k/year before 32% tax and 25% sales tax on everything except the aforementioned EVs, plus various special-purpose taxes on e.g. tr
by marvin 4y ago
Median income in Norway is $55k/year before 32% tax and 25% sales tax on everything except the aforementioned EVs, plus various special-purpose taxes on e.g. transportation that brings car TCO for a typical family into the ~$10k/year range.
I'm not even sure what we're discussing anymore. But sure. If it's whether the majority of the world's population is currently in the market for BMW, Tesla or BYD's executive sedan, the answer is obviously no.
My point was rather that there is a very sizable developed-world middle class that is, and that this family is pretty representative among those. Think North America, UK, Germany, France, Scandinavia, Australia rather than India, Africa and China.