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Report: Richest 25% Buy 56% of EVs in Norway

The wealthiest 25% of households in Norway bought more than half the new electric cars purchased there last year, according to Statistics Norway.
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The wealthiest 25% of households in Norway bought more than half the new electric cars purchased there last year, according to Statistics Norway.

The agency says 16% of the country’s top quartile households own at least one EV. That compares with 1% of the bottom quartile families and 6% across all car-owning households.

About two-thirds of all Norwegian households own at least one car. Only 2% of that group relies exclusively on an EV; the vast majority also own at least one piston-powered vehicle. Statistics Norway says six in 10 EV-owning households are couples with children.

Norway currently has nearly 200,000 electric passenger vehicles on the road, according to the agency. About half of new-car sales per year, including sales to businesses, are EVs.

Government tax breaks and lower registration fees worth some 4.2 billion kroner ($466 million) account for the high purchase rate, which compares with about 2% in China and 1% in the U.S.

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