17 Apr '15, 3pm

Norway Electric Car Incentives Will Hit Sales Cap Next Week

Norway Electric Car Incentives Will Hit Sales Cap Next Week

No country has more clearly demonstrated a unified effort to switch to plug-in electrified vehicles than Norway, and this Monday it’s expected to reach a 50,000 unit sales threshold on generous incentives propping up the enterprise. In March an astounding 26.4 percent of all new car sales were PEVs, the total market penetration of registered vehicles is now over 2 percent, and this week 49,750 out of 50,000 had been purchased in the country of 5 million people. Fourteen years ago, when battery electric cars were little more than glorified plastic golf carts legal for the street, Norway established its scheme to penalize internal combustion cars, and encourage battery electric cars. It was not messing around either, proffering all sorts of incentives, but these were set to expire by 2017 or when 50,000 zero-emission vehicles were sold. Incentives now enjoyed include free ac...

Full article: http://www.hybridcars.com/norway-electric-car-incentives-...

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