e360 digest


29 Jan 2014: Driven by State Incentives
Electric Cars Top Vehicle Sales in Norway

Oslo EV
Podzemnik/Wikimedia
An EV charges up in Oslo
Norwegians have been snapping up electric cars: In the last three months of 2013, the Tesla Model S and Nissan Leaf outsold all other cars, including conventionally fueled models. But rather than environmental concerns, a host of government incentives — totaling an estimated $8,300 per vehicle — are largely driving the boom, the Guardian reports. Norway, a country of only 5 million people, currently has around 21,000 electric vehicles (EVs) on the roads, compared to 70,000 EVs among 313 million Americans and 5,000 EVs among 63 million people in the UK. More than 1,200 EVs are being sold in Norway per month thanks to incentives that include free electricity for recharging, lower sales tax rates, waived tolls, free parking, insurance discounts, and permission to drive in bus lanes, which are less crowded. The EV rush is expected to slow, however, as bus lanes become more crowded, and the government plans to end financial incentives once 50,000 EVs are registered, which could occur by the end of 2015.


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