BUSINESS
Norway seeks “Tesla tax” on electric cars
October 13, 2017 - Norway – a world leader in zero-emission vehicles – is proposing a one-off tax that will hit owners of large electric cars which have hitherto been exempt from heavy taxes imposed on other vehicles.
Norway’s capital of Oslo boasts bus-lane access for electric vehicles (EVs), recharging stations aplenty, free parking, and toll-free travel for EVs.
The initiative began in the 1990s as an effort to cut pollution, congestion, and noise in urban centres; now its primary rationale is combating climate change. With 98 percent of the country’s electricity coming from hydropower, Norway’s booming EV fleet leaves almost no carbon footprint.