Tesla in pole position in Norway's race to EV goal

South Africa News News

Tesla in pole position in Norway's race to EV goal
South Africa Latest News,South Africa Headlines
  • 📰 Reuters
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 97%

China is by far the biggest car market overall but Norway, with its 5.5 million inhabitants, has achieved the world's highest proportion of electric vehicles with the help of generous subsidies.

While China is by far the biggest car market overall, Norway with its 5.5 million inhabitants, has achieved the world's highest proportion of electric vehicles with the help of generous subsidies, making it a proving ground for auto makers launching models.

Seeking to end the sale of petrol and diesel cars, oil-producing Norway has until now exempt battery electric vehicles from taxes imposed on rivals using internal combustion engines.But while tax exemptions help cut emissions, they cost the state 39.4 billion crowns in lost revenue in 2022, the finance ministry said, and the centre-left coalition government is seeking to curb benefits for high-end vehicles.

A new auto tax based on weight could also negatively impact the sale of BEVs as electric engine systems are heavier than their fossil-fueled equivalents, said the Norwegian Automobile Federation , an interest group representing car owners. The government has also failed to sufficiently address one of the main practical problems for electric car owners, which involves charging stations and how to pay for their use, he said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Reuters /  🏆 2. in US

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tesla Starts 2023 With Multiple 'New Year' Incentives In ChinaTesla Starts 2023 With Multiple 'New Year' Incentives In ChinaThere was a question of whether Tesla's long list of incentives would only apply to the end of 2022. Now, the EV brand is offering more deals in China for 2023.
Read more »

Made-in-China labels become a problem for Meta’s anti-China stanceMade-in-China labels become a problem for Meta’s anti-China stanceFor more than a year, Meta CEO Mark Zuckerberg has made a point of stoking fears about China. But now Meta has a growing problem: The social media service wants to transform itself into a powerhouse in hardware, and it makes virtually all of it in China.
Read more »

U.S. and China spar over military aircraft intercept over South China SeaU.S. and China spar over military aircraft intercept over South China SeaThe U.S. and its allies have painted a picture of a Chinese military that is wildly audacious in asserting Beijing's territorial claims.
Read more »

Seychelles Really Should Push To Become The Norway of Africa & Lead In EV AdoptionSeychelles Really Should Push To Become The Norway of Africa & Lead In EV AdoptionSeychelles, the 115-island archipelago in Africa of the western Indian Ocean where the average daily driving distance for the majority of car owners is said to be around 33 km per day, could be well positioned to follow and be the Norway of Africa and lead in EV adoption.
Read more »

Hitting record, electric cars sales in Norway near 80% in 2022Hitting record, electric cars sales in Norway near 80% in 2022Almost four out of five new cars sold in Norway last year were battery-powered, with Tesla the top-selling brand for the second year in a row, registration data showed on Monday.
Read more »

Does Tesla + Twitter=Toast?Does Tesla + Twitter=Toast?Elon Musk’s politics and social media acumen have erstwhile fans wondering how long he can run both Twitter and Tesla.
Read more »



Render Time: 2025-03-05 05:26:53