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Norway loves electric cars

Oct 2, 2015, 22:06 IST

Now that Tesla and a few other early movers have proven there's demand for electric cars, it seems like every other car company is jumping onto the trend - Audi, BMW, Porsche, even Aston Martin have all recently joined the fray, not to mention Apple's rumored "Project Titan" electric car.

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But who's buying them? Norwegians, it turns out. Based on data from IHS Automotive, charted here for us by Statista, electric and plug-in hybrids made up almost 23% of new vehicle registrations in Norway in the first quarter of 2015. The Netherlands also topped 5%. In every other country, electric cars are around 1% or less.

So why Norway? Mostly tax incentives - Norway exempts electric vehicles from all recurring taxes, which makes them cost the same as gasoline-powered cars there.

Statista

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