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EV sales in Norway explode ahead of policy changes

Push EVs

The freak volume in December 2022 resulted from one-off pull-forward effects ahead of new policies and auto taxes applying from 2023 onwards. their previous monthly record, ahead of new weight taxes, and VAT taxes. Petrol vehicles also saw a relative sales surge ahead of increased emissions taxes.

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Spain’s Acciona launches swappable battery electric vehicle – ET Auto

Baua Electric

Spanish construction and energy group Acciona is betting on this formula to help remove some of the main hurdles hindering the take-up of electric cars in Spain and elsewhere in Europe: price and driving range. The vehicle can carry two passengers and is designed to work with one or two lithium-ion batteries.

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ACEA: data show EU market for electric cars highly fragmented; need for inclusive measures

Green Car Congress

In countries with a GDP per capita below €17,000 (US$20,000) the market share remains close to zero—including the new EU member states in Central and Eastern Europe, as well as crisis-torn Greece. Affordability is clearly a major barrier. Many people take the Norwegian market as a benchmark.

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April 2023 – Plug-in car market share continues to grow in Norway

Push EVs

All other powertrains lost volume YoY, with petrol-only vehicles at their 2nd lowest volume of the modern era (just 112 units), and 3rd lowest share ever, just 1.25% of the auto market. Recall that new tax changes have applied from January 1st. PHEVs, with their middling emissions ratings, are taxed somewhere in between.

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Auto sales drop to new low in Norway

Push EVs

The January auto market was highly anomalous due to the new year’s introduction of tighter auto emissions and tax increases, which had pulled sales forward into December. Due to the anomalous tax discontinuity mentioned above, we have to take January’s picture with a pinch of salt — it doesn’t tell us very much. year on year.

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Lessons From Norway’s Journey To Becoming The Global Leader In EV Adoption

Wallbox

Norway has long been a major producer of oil and gas, and remains the biggest oil producer in Western Europe, as well as, the third-largest exporter of natural gas in the world. In 1990, a CO2 tax was implemented and the country began to focus on establishing a greener transport system by promoting Norwegian EV production and adoption.

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Why Hybrids are gaining momentum amid EV frenzy | Autocar Professional

Baua Electric

The hybrid vehicles — dual powered by a petrol engine and an electric motor — are gathering strong traction amongst SUV buyers versus all electric battery-operated passenger vehicles. The price premium between a hybrid and EV equivalent over petrol, hybrid is better off, despite high GST.” Hybrids cost about Rs 2.5

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