Re:Norway: 37% of new vehicles sold in January were electric
by alkonaut on Sunday February 19, 2017 @10:33AM
(#13680145)
In Norway a Golf costs $50k, a family sedan $80k and the most powerful 7-series can be $300k. This is because ICE vehicles have huge taxes in Norway.
A pure EV basically gets a 50% tax cut, which can be $100k if you were looking at a comparable ICE car to the Model S.
So in Norway the opposite is true "ICE vehicles are considerably more expensive".
You can also ask yourself this: what value you get for your money on a given budget if you buy a Golf at $50k which is half taxes, versus a Bolt at a similar price with almost none of it being tax? I'd choose the Bolt any day.
Obviously none of this translates to anywhere else. It's a lot easier to give a massive tax break if you had a huge tax initially, than it would be for e.g the US to slap on a 20% tax on new ICE vehicles. (Unless of course they are made in Mexico in which case it's apparently easy).
A pure EV basically gets a 50% tax cut, which can be $100k if you were looking at a comparable ICE car to the Model S.
So in Norway the opposite is true "ICE vehicles are considerably more expensive".
You can also ask yourself this: what value you get for your money on a given budget if you buy a Golf at $50k which is half taxes, versus a Bolt at a similar price with almost none of it being tax? I'd choose the Bolt any day.
Obviously none of this translates to anywhere else. It's a lot easier to give a massive tax break if you had a huge tax initially, than it would be for e.g the US to slap on a 20% tax on new ICE vehicles. (Unless of course they are made in Mexico in which case it's apparently easy).