Source link : https://europ.info/2025/10/19/norway-to-end-electric-vehicle-vat-exemption-starting-in-2027/
Norway, long hailed as a global leader in electric vehicle (EV) adoption, is set to phase out its value-added tax (VAT) exemption for electric cars starting in 2027. This move marks a significant shift in the country’s approach to EV incentives, which have been instrumental in driving Norway’s impressive transition towards sustainable transportation. The decision, announced by government officials and detailed in a recent electrive.com report, is expected to impact the EV market dynamics and consumer purchasing behavior as the nation balances climate goals with evolving fiscal policies.
Norway Announces End of Electric Vehicle VAT Exemption Starting 2027
Starting in 2027, Norway will officially end its longstanding value-added tax (VAT) exemption for electric vehicles (EVs), marking a significant policy shift in the country’s approach to sustainable transportation. This move comes as part of ongoing efforts to balance environmental ambitions with fiscal responsibility. The government has emphasized that while the exemption will be phased out, other incentives and support mechanisms for EV adoption will remain in place to ensure a smooth transition for consumers and industry players alike.
Key aspects of the upcoming policy change include:
- VAT reinstatement: A standard 25% VAT on electric vehicles will be reintroduced starting January 1, 2027.
- Continued subsidies: Incentives such as reduced tolls, free parking in some municipalities, and access to bus lanes will…
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Author : Charlotte Adams
Publish date : 2025-10-19 05:11:00
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