World’s biggest fleet of electric vehicles
The fleet of plug-in electric vehicles in Norway is the largest per capita in the world, with Oslo recognized as the EV capital of the world.
As of July 2016, the market concentration was 21.5 registered plug-in cars per 1,000 people, 14.2 times higher than the U.S., the world’s largest country market. Norway’s fleet of electric cars is one of the cleanest in the world because 98% of the electricity generated in the country comes from hydropower. In March 2014, Norway became the first country where over one in every 100 passenger cars on the roads is a plug-in electric, and the segment’s market penetration passed 3% in December 2015.
The stock of light-duty plug-in electric vehicles registered in Norway totaled 121,330 units at the end of September 2016, making the country the fourth largest plug-in market in the world after the U.S., China and Japan. As of September 2016, the Norwegian fleet of plug-in electric vehicles consist of 92,813 all-electric passenger cars, 26,225 plug-in hybrids, and 2,292 all-electric vans. The total stock includes more than 14,000 used imported electric cars from neighboring countries. The Norwegian plug-in electric vehicle market share of new car sales has been the highest in the world for several years, reaching 22.4% in 2015, up from 13.8% in 2014. The highest-ever monthly market share for plug-in electric segment was achieved in March 2016 with one in three passenger cars registered being a plug-in electric car (33.5%). Registrations of light-duty plug-in electric vehicles in Norway passed the 100,000 unit milestone in April 2016. Norway is the largest European market for both the Nissan Leaf and the Tesla Model S.
Among the existing government incentives, all-electric cars and vans are exempt in Norway from all non-recurring vehicle fees, including purchase taxes, and 25% VAT on purchase, together making electric car purchase price competitive with conventional cars. Also, the government approved a tax reduction for plug-in hybrids in effect starting in July 2013.
Innovation Status: In practice today