Good for them. Good for "the planet" (and uh... Tesla I suppose). But... most of incentives for the transition has been substantially funded by the nation's massive oil and gas revenues.
I wonder what they will do next with that obscene amount of money.
One can argue that the tax revenue losses would be uncomfortably noticeable without the interests extracted from the investments of the oil and gas money. However I’d say it’s more about Norways position on new cars being a luxury good and taxed as so. Which meant that the Norwegian government could make buying electric cars cost half as much as the alternative over night, simply by dropping retail taxes on them to zero. Add another subsidy in the form of reduced annual ownership taxes, and buying unused (electric) cars suddenly became obtainable to a large group. Not to mention simply a stupidly good deal for those without special needs, like living/operating in the less dense areas to the north where the sun doesn’t shine half a year at a time (and the temperatures follow accordingly).
You should be able to reproduce it most places though. Just declare new non-electric vehicles a luxury only for the rich and set taxes on new cars to 100%+. (Be sure to define businesses as rich and have popular agreement that they’re unviable if not.) Sell it to current owners as a massive boost to the used price they can get. Then drop the taxes on electric vehicles. After the transition to all new sales being electric, reintroduce the luxury taxation on all vehicles like what Norways government is currently doing, and you’ll get a small boost to the nations finances if you didn’t originally have it.
> Tesla was Norway's top-selling car brand for a fifth consecutive year, with a 19.1% market share, followed by Volkswagen at 13.3% of registrations and Volvo Cars at 7.8%.
simonra|1 month ago
You should be able to reproduce it most places though. Just declare new non-electric vehicles a luxury only for the rich and set taxes on new cars to 100%+. (Be sure to define businesses as rich and have popular agreement that they’re unviable if not.) Sell it to current owners as a massive boost to the used price they can get. Then drop the taxes on electric vehicles. After the transition to all new sales being electric, reintroduce the luxury taxation on all vehicles like what Norways government is currently doing, and you’ll get a small boost to the nations finances if you didn’t originally have it.
pcthrowaway|1 month ago
Are Teslas popular in Norway?
ndr|1 month ago
> Tesla was Norway's top-selling car brand for a fifth consecutive year, with a 19.1% market share, followed by Volkswagen at 13.3% of registrations and Volvo Cars at 7.8%.
https://www.reuters.com/sustainability/climate-energy/norway...
brightball|1 month ago
https://bestsellingcarsblog.com/2026/01/norway-full-year-202...
varjag|1 month ago
nazgob|1 month ago