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How Norway Will Achieve 100 Percent EV Sales by 2025

Compared with countries such as the U.S., where 2 percent of vehicle sales are plug-in electric vehicles (PEVs), Norway’s EV adoption would seem implausible if not for its significant government support for the technology, writes Raquel Soat for Navigant Research. According to the article: Norway levies an import tax on cars that can reach €10,000 ($11,338) or more depending on the vehicle’s carbon dioxide emissions. Battery electric vehciles (BEVs) are exempt from this tax, and plug-in hybrid vehicle (PHEV) owners pay a reduced rate. The annual road tax for non-BEV drivers is some €365 (about $414), but BEV owners pay only about €50 ($57). BEV owners are exempt from paying the VAT of 25 percent on the purchase or lease of the vehicle. Click for article  
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