Yup, Norway is about done with some EV incentives
Tax Breaks, Free Parking, Bus Lane Access May Be Short-Lived
But now some members of the government are saying these perks have cost the country too much money, and many of those incentives could soon disappear. That means electric-vehicle owners may have to pay full boat on vehicle-registration fees by 2020. Tax exemptions will dwindle. And many local governments will have the right to revoke the special parking and bus-lane driving privileges afforded to many a Nissan Leaf and Tesla Model S driver. And, yes, those two models sold rather well over there.
We reported late last month that Norway was on the verge of reaching its plug-in vehicle sales target about two years early. And with some in the government estimating that all these EV perks may be bilking the country's government out of a half-billion dollars a year, that tailwind on Norway EV sales is about to subside.
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