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
-
On Military Trucks, Euro Car Sales, Mazda Drops and More
Did you know Mack is making military dump trucks from commercial vehicles or that Ford tied with Daimler in Euro vehicle sales or the Mazda6 is soon to be a thing of the past or Alexa can be more readily integrated or about Honda’s new EV strategy? All that and more are found here.
-
Internal Combustion Engines’ Continued Domination (?)
According to a new research study by Deutsche Bank, “PCOT III: Revisiting the Outlook for Powertrain Technology” (that’s “Pricing the Car of Tomorrow”), to twist a phrase from Mark Twain, it seems that the reports of the internal combustion engine’s eminent death are greatly exaggerated.
-
Study: Nearly 60% of EV Sales in 2035 Will Be in China
Global demand for electric vehicles will multiply by a factor of 15 to 11.3 million units by 2035, with the Chinese market generating 57% of the total, according to the Fuji-Keizai Group.