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
-
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.
-
Frito-Lay, Transportation and the Environment
Addressing greenhouse gas reduction in the snack food supply chain
-
On Traffic Jams, Vehicle Size, Building EVs and more
From building electric vehicles—and training to do so—to considering traffic and its implication on drivers and vehicle size—there are plenty of considerations for people and their utilization of technology in the industry.