14 Nov '17, 1pm

EU Could Put The Kibosh On Norwegian Electric Car Tax Incentives

EU Could Put The Kibosh On Norwegian Electric Car Tax Incentives

The Norwegian government has officially requested an extension of the zero VAT provision until 2020. Now it is a matter of negotiation between the government and the ESA as to when the exemption will end. According to Magnus Blaker, auto industry analyst for Norways’s Side3 News , “Norway must have EU/ESA approval for today’s differential treatment of electric cars, and the EU has signaled that they believe the current system is approaching [the end of its useful life]. If the ESA puts its foot down, you will at the very least have to introduce value added tax on electric cars. That will will send shock waves into the electric car market — for both new and used cars.”

Full article: https://gas2.org/2017/11/14/eu-put-kibosh-norwegian-elect...

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