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
-
Hyundai Shops for a Partner to Make Electric Scooters
Hyundai Motor Co. is looking for a domestic partner to mass-produce the fold-up Ioniq electric scooter it unveiled at last year’s CES show in Las Vegas, a source tells The Korea Herald.
-
Startup Readies Solar-Powered EV
Germany’s Sono Motors GmbH says it has received 5,000 orders for its upcoming Sion electric car, which can be partially recharged by it attached solar panels.
-
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.