71–80 of 279 posts
Isn't that a strange thing, considering Norway is vast, has low population density especially in the north, and has own oil resources available?
Norway has plentiful hydropower, so electric cars do make sense there. They do have huge crude oil reserves, but do they have any refining capability?
There's a huge price difference between electric cars and gas fueled cars here in Norway. Gas fueled car buyers have to pay both 25 percent VAT and an additional tax on purchase. Buyers don't have to pay neither of those taxes if they buy an electric car. The singer of the group A-ha, Morten Harket, bought an electrical car in 1989 and refused to pay road tolls and ignored all the subsequent fines. That got a lot of…
Very interesting. In Canada, it will take years to recoup the price difference for buying an electric car even with government incentives. 25% VAT + Extra tax seems to work.
I bought a used sub-$20k electrical car a few months ago; it can be done. The market needs pressure to create cars in that price range; right now EVs are mostly luxury cars. Tesla is not the car we should be aiming for; what we need are things in the class of the E-Golf, Kia Niro, FFE, Fiat 500E etc. that are the size of a Corolla and cost 20k CAD or less.
Until that's common on the market, the value proposition is flawed and nobody is buying an electric car to save money except for people who buy used cars that someone else has eaten the depreciation on (like me), or people who drive a LOT. Everyone else is basically buying these things as luxury items, and the cost doesn't matter, especially when you can get near-0% financing over 5+ years.....
https://www.youtube.com/watch?v=eJpLm0uuVgA
"When will we have 100% EV adoption ? Norway was NOT fast, compared to what is coming." BestInTESLA
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They also get the shit taxed out of them for buying a IC car, so electric cars are actually cheaper.
Which is a political decision made in a democracy, not a law of physics. Norwegians chose to do this. (Yes, a relatively small subset of people are actually empowered in a democracy, but it's the least-bad system known, etc etc).
If you want to know what Norwegians really think about the tax, make it optional and see how many people pay for it.
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Stopping it would be useless, it'd just increase production from oil wells of other countries. They could invest that money into accelerating green technology.
To a first order effect, stopping production would decrease supply, increasing price, and therefore decreasing demand and therefore overall oil usage, shifting some energy to alternative sources. Of course second order effects might dwarf that, like the fact that increasing prices would incentivize oil extraction in currently unprofitable locations. That extraction may or may not be more carbon-intensive than Norway'…
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Norway is wealthy thanks to selling fossil fuels. Norwegians feel guilty about that, but not guilty enough to stop selling them. This is essentially performative environmentalism from them. Still, it will help other countries by throwing up unforeseen problems in all-electric ground transportation, and some solutions.
I don't think it's a country of virtue signallers as you think, just people who like to get the best bang for their buck. And gas cars as well as fuel get taxed so much, that buying electric makes sense for them. Who would've thunk, economic incentives help!? Sadly in many other places the deciding economic incentives are the ones the politicians get from the oil and ICE car industry.
There has been a similar big bump in the uk (to 17% not 100 but still...). How much of this is that a lot of legacy companies can't produce anything because they can't get chips?
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Very interesting. In Canada, it will take years to recoup the price difference for buying an electric car even with government incentives. 25% VAT + Extra tax seems to work.
Agreed! We have subsidies for electric vehicles under a certain price, but imo prices just get inflated to "what the market is willing to pay" + "value of the subsidy"
20% of Norway's GDP comes from pumping oil out of the ground and selling it for others to burn. If they were really green that would stop.
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Very interesting. In Canada, it will take years to recoup the price difference for buying an electric car even with government incentives. 25% VAT + Extra tax seems to work.
And especially now with the added burden of the “luxury” car tax.
https://www.canada.ca/en/department-finance/programs/consult...