Electric Cars To Have 100% Market Share In Norway By 2025?
The Norwegian National Transport Plan 2018-2029 (which is released by the aviation, rail and road sectors) recentlly presented to the government, assumes that electric (plus hydrogen) cars could have 100% share in new car sales by 2025.
Once more – 100%.
As of today, Norway typically notes pure electric and plug-in car sales between 20 and 25% of new passenger cars. In January it was little over 25%.
“Targets for electric vehicles are ambitious, with the plan setting out a target that all newly-registered cars, light vans and buses should be ‘zero emission’ in 2025, with 1.6 million to be put on the roads by 2030 – claimed to save around 2.7 million tonnes of CO2 emissions.”
To achive the goal of the plan, the government would need to keep strong incentives. Over the past 20 years, Norway has set a pretty favorable environment for EVs:
- Final exemption sales tax (01.01.1996)
- Exemption annual tax (01.01.1996)
- Exemption road toll (01.06.1997)
- EL registration plates (01.01.1999)
- Exemption municipal parking (01.19.1999)
- Reduced company taxation (01.01.2000, expanded in 2005 and 2009)
- Zero VAT on purchase (01/07/2001)
- Access to bus lanes (01.06.2005)
- Free EV access to highway ferries (01.01.2009)
- Climate agreement securing tax excemptions until 01.01.2018 (11.06.2012)
- Zero VAT on leasing EVs or battery packs (01.07.2015)
source: EV Fleet World