URL: http://www.businessinsider.com/afp-booming-electric-car-sales-under-fire-in-norway-2014-8
Summary:
Norway has had such an influx in sales of electrical
vehicles that it has become problematic. In Norway electric cars are exempt
from tolls, taxes and VAT. They also are able to recharge in public parking
spaces free of cost. The incentives have resulted in a colossal change in the
Norwegian auto industry. Authorities did not predict such a large interest in
electric cars, which is why the demand for their incentives has now become too
much. While they promise that electrical cars will still be provided fiscal
advantages they are looking to tune back some of the existing advantages.
Personal Response:
I think that this is a very interesting side of the
electrical vehicle story. For most of the world I think this problem would not
arise as they fail to fully support clean energy and emissions. Norway, if
anything, was overzealous in it’s approach to support clean energy and took it
a little too far. I would advise to retract the VTA privileges immediately and
once a threshold has been reached cease other benefits.
Word Count: 172
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