NORWAY’S CONFIRMED ELECTRIC VEHICLE TAX BREAK SHOULD SOLIDIFY GROWING EV MARKET
May 26th, 2015
NORWAY’S position as a leading market for electric vehicles (EV) has almost certainly been solidified by the European regulatory approval given to its government for removing 25% sales tax from sales of EVs.This green light has come from the European Free Trade Association (EFTA) Surveillance Authority – which acts as a watchdog ensuring some EFTA countries, such as Norway, comply with European Union (EU) law. Norway is part of the European Economic Area (EEA), which commits it to following EU laws on limiting the subsidies and tax breaks it can give to ...
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