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New Economy

Electric cars top vehicle sales in Norway

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Norwegians have been snapping up electric cars: In the last three months of 2013, the Tesla Model S and Nissan Leaf outsold all other cars, including conventionally fueled models. Rather than environmental concerns, a host of government incentives — totaling an estimated $8,300 per vehicle — are largely driving the boom, the Guardian reports.
 
Norway, a country of only five million people, currently has around 21,000 electric vehicles (EVs) on the road, compared to 70,000 EVs among 313 million Americans and 5,000 EVs among 63 million people in the UK. More than 1,200 EVs are being sold in Norway per month thanks to incentives that include free electricity for recharging, lower sales tax rates, waived tolls, free parking, insurance discounts and permission to drive in bus lanes, which are less crowded. 

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Content from e360.yale.edu
Posted May 2014
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