Having registered its 50,000th electric car in April of this year, Norway is leading the global market for electric vehicles. During the first quarter of 2015, over 8,000 plug-in electric and plug-in hybrid electric vehicles were sold in Norway, representing a third of all vehicle registrations.
In a way, Norway has actually become a victim of its own success with generous subsidies (exemptions from tolls and parking fees in some cases) leading to a tax shortfall of 2 billion crowns ($267.79 million). Even though Norway is now reviewing benefits for electric car buyers, its government has still stressed the majority of subsidies and tax breaks will remain in place.
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