Electric cars accounted for almost 80% – a new world record – of new passenger car registrations in Norway last year, according to figures released Monday by a specialized body. Driven by the American Tesla, at the top of the ranking of manufacturers with a 12.2% market share, last year 138,265 new electric cars were sold in the Scandinavian country, or 79.3% of total vehicle sales. new private, Road Traffic. Information Council (FOV) said in a statement.
In doing so, Norway, which is a major producer of hydrocarbons and a champion of zero-emission cars, broke its own record set in 2021 (64.5%). For comparison, electric cars accounted for 8.6% of new registrations in the European Union in the first nine months of 2022. In the month of December alone, fully electric cars captured 82.8% of sales, as Norwegian households rushed to make a tax change. your most expensive purchase.
ultra-favorable taxation
Only Tesla’s Model Y accounted for 11.5% of the market, Elon Musk’s group boasted of having broken the sales record held since 1969 by the legendary Volkswagen Beetle. Norway aspires for all its new cars to be zero emissions – electric or hydrogen – from 2025, thanks in particular to ultra-favorable taxation. But as this segment has matured, the authorities have begun to cut some of the benefits that weigh heavily on the public accounts.
Since January 1, the VAT exemption (at a rate of 25%) when purchasing a new electric vehicle is only valid within the limit of a purchase price of 500,000 crowns (approximately 47,500 euros), amounts being taxable above this limit. . Today, one in five cars on Norwegian roads is fully electric, another world record.
Source: BFM TV
