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one (main) reason why popular in Norway - the government made EV purchases and leases exempt from a 25 percent value-added tax (VAT) — cutting thousands of doll
by asdefghyk 1y ago
one (main) reason why popular in Norway - the government made EV purchases and leases exempt from a 25 percent value-added tax (VAT) — cutting thousands of dollars from the sticker prices — as well as from import and registration taxes.
- magicalhippo 1y agoAnother is lower road tolls. Used to be exempt, but it's been bumped a lot recently. Still much cheaper than dinosaur fueled cars though. A third point is that quite a lot will have the option to charge at home. If you charge at night, prices can be dramatically lower than gas. Assuming an consumption for a typical EV of 16 kWh / 100 km and an typical price of 1 NOK / kWh, that's 16 NOK per 100 km (or about $1.6). If you take an typical ICE consumption of 5 liters / 100 km, and a typical pump price of 20 NOK / liter, that's 100 NOK per 100 km for the ICE (or about $10). Of course during winter, electricity can be much more expensive than during summer, up to 4-5 NOK / kWh. But even at 5 NOK / kWh, it's still cheaper than gas.