• Mar 30, 2012

Iceland is already heads and shoulders above other countries when it comes to using renewable energy, but it still needs to import lots of oil and gasoline. The people pushing the country to go electric – like our friends at Northern Lights Energy, which wants to sell lots of electric vehicles to Icelanders soon, EVs like converted Ranger Rovers and Amp'd SUVs – got a bit of good news recently.

Northern Lights Energy's Gísli Gíslason let us know that Iceland's government has made it more affordable to buy a plug-in car. Gislason called it a "big step" and wrote:
As you know, Iceland has no import taxes on EVs (and very high import taxes on combustion engine cars). Unlike Norway (which is number 1 in the world in incentives for EVs) we have had very high VAT (Value Added Tax) on all cars (25.5 – but the first $47,000 will be VAT free.
Gislason said this change means that most, if not all, of the smaller electric vehicles sold in Iceland will be baxically tax free, making them roughly price compatible with similar sized combustion engine cars. For Gislason and his team that hopes to have EVs for sale in Iceland before the end of the year. "This is what we have been waiting for."


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    • 1 Second Ago
  • 12 Comments
      otiswild
      • 1 Day Ago
      It'd be nice if they were sales-tax-free in US states too!
        Hjörtur Brynjarsson
        @otiswild
        Of the price of say the Nissan LEAF, how much is the VAT?? If it´s less than $7,500 I guess you could say it´s tax free. If you´d wanna look at it that way.
      sirvixisvexed
      • 1 Day Ago
      Psychology is fascinating. It's amazing how people who think that companies who are out just to sell things and make money are inherently evil, yet completely overlook that they're cheering the exact same process when that process is working in their favor. "The people pushing the country to go electric – like our friends at Northern Lights Energy, which wants to sell lots of electric vehicles to Icelanders soon," This business is pushing for the sale of their product so they can profit?!?!?!?!?! How many times has that same process been demonised by bloggers and commenters here just for being that process? Could it be that the people demonising that process are really only demonising it because the end product is an end product that they themselves do not desire? (like oil or IC engines?) but in this light will cheer the same process for creating and end product that they want? Oil and IC engine companies are all about money but EV companies are not? They're all out to profit. Some people who read that article would have a monkey wrench thrown into their logic if they admitted out loud "I just read this article and I, too, want them to sell EVs in Iceland, and I realized that what I was doing was cheering for a business to sell lots of stuff and make a profit". Congratulations! You're now an environmentally responsible, culturally respectful, racially respectful, sexual orientation respectful, inherently peaceful, non religious, pro women's-own-body rights, high IQ, non hillbilly, REPUBLICAN CAPITALIST. Unfortunately, there is nobody like you in the 2012 primary. But stay the way you are, because people like you will be common in a prosperous future.
        marcopolo
        • 1 Day Ago
        @sirvixisvexed
        @ sirvixisvexed Good post buddy, won't make you many friends , but good to hear your point of veiw ! :)
      • 1 Day Ago
      Makes sense. Iceland is awash with (clean) energy yet they their price of gas is incredible high relative to other forms of energy.
      Spec
      • 1 Day Ago
      47,000 . . . sounds like they were trying to hit the price of the base model model S. Iceland should become an EV-centric paradise and show the world how it is done. It is a relatively small island nation and they have vast amounts of extremely cheap electricity from geothermal power. So they should kick gas.
      marcopolo
      • 1 Day Ago
      Now, if you must drive an SUV (and in Iceland you must) the EV Range Rover is a great choice. If that Range Rover was built by Liberty Electric Cars of Coventry UK, then you are experiencing EV excellence few ICE models can even hope to emulate ! Check out Liberty Electric Cars @ www.liberty-ecars.com/
        DarylMc
        • 1 Day Ago
        @marcopolo
        I've read some fantastic stories of Marco Polo the adventurer but seriously marco you're so awesome perhaps just like Marco Polo I'm starting to wonder if you are real:) The Range Rover while not cheap seems a very impressive effort at EV conversion and speaks volumes to me just how much you back your convictions. Perhaps it's not the blokey thing to wax so lyrical of your virtue but I'm feeling kind of safe as the numbers on this blog seem to perhaps be suffering due to some Sebastian boycott and because I needed to say something nice after what has been a really crap day. Can I reserve some criticism for another time and also ask if you know some info more about what motors they used in the Range Rover EV? Cheers
          marcopolo
          • 1 Day Ago
          @DarylMc
          @ DarylMc, I guess I'm lucky that my business as a Merchant Bank risk analyst, has taken me all over the world and provides insights into many industries and enterprises. It also means every so often I get stuck with managing a problem child we have financed. I got interested in the environmental/conservation movement as a result of my late wife's passion for conservation/environmental causes. That led to me taking over a failing EV business and turning it into a successful specialist EV lease/hire business. My automotive background comes from being forced to leave the Army (and uni), as a young man to make enough money to pay the ridiculous UK death duties imposed on my family on the death of my father and uncle. I chose the finance industry as a quick method of making money and sold auto fleet leasing, which at that time, was a very underdeveloped area of the industry. On thing, just leads to another ! I am also becoming passionate about actively promoting the abolition of Marine Grade No.6 Fuel Oil. (Bunker Oil) . This is probably the planets most pollutant substance. Liberty's drive-train is proprietary (e-Tec) but since you are Australian, you can contact colin.smith@liberty-ecars.com. , . Colin, like Ross Blade is very generous with his time, and would welcome your enquiries.
          DarylMc
          • 1 Day Ago
          @DarylMc
          I hope I wasn't being too nosey. You certainly have had some challenges and adventures. Some which people would dread and others only dream of. The drivetrain was of interest to me since I havent seen a lot of 4 motor systems. Being from UK I was wondering if it might have been Yasa. Best Wishes
        Hjörtur Brynjarsson
        @marcopolo
        You don´t have to drive an SUV in Iceland. Most people here don´t. With regards from Reykjavík, An Icelander
          marcopolo
          • 1 Day Ago
          @Hjörtur Brynjarsson
          @Hjörtur Brynjarsson Then I must congratulate the Vegagerðin on such an excellent job of road building in the last 2 years! Two years ago, I had the pleasure of visiting Iceland for the second time (the first in 1963). I drove the length of Highway route 1, and was exceedingly grateful that I was driving a 4WD ! The Eastern and Southern parts of the road are especially hairaising, but secondary roads seem to exist more more as ideas, than actual roads. Still, you probably don't notice, since you have become acustomed to such conditions, which I must add are not without considerable charm.