Norway has been the leader in electric vehicle ownership over the last few years with a number of incentives helping to grow market share. Some 40,000 electric vehicles were travelling on Norway’s roads as of December 2014, with numbers expected to increase to 50,000 in 2015.
Owners of electric vehicles in the country benefit from a number of different incentives, including permission to travel in bus lanes. EV’s are exempt from high purchase tax rates and VAT, as well as road an d ferry tolls and parking fees. They are also cheaper to insure and can be charged with free electricity from thousands of charging points.
These incentives have driven growth, but the market could be about to change as some incentives are due to be reconsidered or withdrawn in the next few years. The government has indicated that it will reassess the incentives when 50,000 zero emission cars have been sold, or in 2018, whichever comes sooner.
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