In the United States, a @TeslaMotors will run you $70,000 or so. But Norway is an ideal market for Tesla because of the country’s embrace of electric vehicles, the fact that it’s a wealthy country and because the government heavily taxes gasoline-burning luxury cars. Because the Model S is electric, Tesla can take advantage of a Norwegian tax regime that makes the Model S the least expensive luxury sedan in the market. At half the total price of comparable luxury cars like the Porsche Panamera S or the Audi S6, a Model S bought in Norway is a bargain.
- No tax for EVs
- Free Charging
- Free Parking
- No Tolls
World traveler Rick Steves explains in this video from Norway this week.
As a percentage of total market share, electric cars are more popular in Norway than anywhere else in the world. So it’s no wonder Tesla Motors Inc. (NASDAQ:TSLA) made the country the focus of its global expansion plans early on.
It’s been 12 months since the company began delivering its Model S sedans to Norwegian customers, and it looks like Tesla did well to focus on Norway.
According to OFV, Norway’s automotive industry association, the California electric car manufacturer has sold an average of 436 Tesla Model S sedans a month for the past year, up from about 357 units a month last November. Since the car went on sale in the third quarter of 2012 the company has sold about 1,630 units a month in the United States.
This article originated International Business Times.
