1 minute read
Norway
Next Article
Government incentives 2023
Registration tax benefits
From January 1,2023, two changes have been made:
> Introduction of a new weight component for all new cars: NOK 12.50 per kg exceeding 500 kg. This is the first tax introduced on BEVs.
> VAT on EVs – 25%VAT on the value exceeding NOK 500,000.
Company tax benefits
From January 1,2023, there is no longer a reduction in company car tax for EVs.
VAT benefits
There is still no VAT for EVs where the price is lower than NOK 500,000, but values over NOK 500.000 are taxed at 25%.
Other financial benefits
An incentive scheme remains in place for eLCVs.
Local incentives
> Urban toll exemption will be reduced in some cities, but the fee for EVs will not exceed 50%of the cost for an ICE vehicle.
> The 50%rule also applies for county and state ferries, road tolls and public parking.
Infrastructure incentives
Several local initiatives are supporting the installation of chargers. The support is generally between NOK 5,000 and 10,000.
