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Until recently, tiny Norway (population 5 million) has been the second largest market for Teslas (after the U.S.). Earlier this year, Tesla’s Model S became the best-selling car in the country ever for a one-month period. Not bad for a luxury electric vehicle whose base price in Norway is over $100,000. What’s behind this Tesla boom?
It turns out that Teslas, along with other electric vehicles, are massively subsidized by the Norwegian government. Tesla’s website advertises the generous incentives available to Norwegian buyers, including exemptions from very hefty sales taxes. What does that do to the net price of a Tesla? We asked Martin Skancke, a former high-ranking government official:
MARTIN SKANCKE: The difference between the price of a Tesla and the price of a similar gasoline-driven car is huge in Norway compared to other countries. So in relative terms, the Tesla is a lot cheaper than other cars.
By most measures, Norway is among the greenest countries on Earth. It gets virtually all of its electricity from hydropower; it plans to cut its greenhouse emissions by 30% by 2020; and it has more electric vehicles per capita than any country in the world.
originally posted by: tothetenthpower
a reply to: AlaskanDad
And there's a government doing right by it's citizens.
Subsidizing energy renewal and a non fossil fuel dependent items. Now mind you their small population allows for this, probably would not work in the US or Canada for example.
But good on them anyway. I've been thinking about getting a Tesla as my next vehicle. My only concern is charging stations when I travel.
~Tenth
originally posted by: tothetenthpower
a reply to: boncho
Ontario, BC and Alberta could theoretically pull that off. Actually Quebec could too, considering all the revenue from HydroQ every year.
As always, the less fortunate provinces would end up bearing the cost though.
~Tenth
originally posted by: Psynic
I wouldn't want Ontario to subsidize fission generated electric powered vehicles.
originally posted by: SubTruth
a reply to: AlaskanDad
Norway I believe is the country buying up all the US treasuries being dumped by China,Russia and others. It is a secret buyer and they are buying billions worth at a time........Life must be good in Norway.