28 Jun '12, 10am

Norway confirms electric car incentives until 2018

Norway confirms electric car incentives until 2018

Norway has decided to guarantee its package of support measures for electric cars until at least 2018. A leading country in Europe for electric car uptake, Norway’s decision provides an important boost to the fledgling EV industry, which suffers from doubt over the longevity of support measures in other countries. The benefits for electric car buyers which include exclusion from purchase tax, exemption from 25 per cent VAT, exemption from road tolls, free municipal parking and free access to bus lanes, are now secure until at least the next election in 2018 or when the country reaches 50,000 electric cars on the road. Celebrating the news, The Norwegian Electric Vehicle Association (NEVA), is pushing for a new goal of 100,000 electric cars in Norway within year 2020. Snorre Sletvold, the manager of the EV association met representatives for all the political parties in the...

Full article: http://www.thegreencarwebsite.co.uk/blog/index.php/2012/0...

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