Mexican Media Brands
Report: Richest 25% Buy 56% of EVs in Norway
The wealthiest 25% of households in Norway bought more than half the new electric cars purchased there last year, according to Statistics Norway.
#hybrid
Share
The wealthiest 25% of households in Norway bought more than half the new electric cars purchased there last year, according to Statistics Norway.
The agency says 16% of the country’s top quartile households own at least one EV. That compares with 1% of the bottom quartile families and 6% across all car-owning households.
About two-thirds of all Norwegian households own at least one car. Only 2% of that group relies exclusively on an EV; the vast majority also own at least one piston-powered vehicle. Statistics Norway says six in 10 EV-owning households are couples with children.
Norway currently has nearly 200,000 electric passenger vehicles on the road, according to the agency. About half of new-car sales per year, including sales to businesses, are EVs.
Government tax breaks and lower registration fees worth some 4.2 billion kroner ($466 million) account for the high purchase rate, which compares with about 2% in China and 1% in the U.S.
RELATED CONTENT
-
GAC, CATL Partner on Two Battery Ventures
Two new battery ventures are being formed in China by domestic carmaker Guangzhou Automobile Group Ltd. and battery giant Contemporary Amperex Technology Ltd.
-
Chevy Develops eCOPO Camaro: The Fast and the Electric
The notion that electric vehicles were the sort of thing that well-meaning professors who wear tweed jackets with elbow patches drove in order to help save the environment was pretty much annihilated when Tesla added the Ludicrous+ mode to the Model S which propelled the vehicle from 0 to 60 mph in less than 3 seconds.
-
Honda to Make Hybrids in Thailand
Honda Motor Co. is preparing to launch production in Thailand of hybrid cars and the batteries that help power them.