Core Viewpoint - Norway plans to eliminate its main subsidy for electric vehicles over the next two years, which will significantly increase the cost of new electric vehicles, including models like Tesla's Model Y [1] Group 1: Government Policy Changes - The Norwegian government announced the removal of its primary subsidy for electric vehicles, impacting the overall affordability of these vehicles [1] - This policy shift is expected to add thousands of dollars to the cost of new electric vehicles, affecting consumer purchasing decisions [1] Group 2: Impact on Electric Vehicle Market - The elimination of subsidies may lead to a decrease in electric vehicle sales as the cost becomes less competitive compared to traditional vehicles [1] - Companies like Tesla may face challenges in maintaining their market share in Norway due to increased vehicle prices resulting from the subsidy removal [1]
Norway proposes widening EV tax to include mass-market Tesla models