Sunsetting EV perks after maturity

Norway says it has effectively hit 100% EV new‑car sales and proposes to taper VAT exemptions—cutting eligibility from NOK 500k to 300k in 2026 and ending the exemption entirely in 2027—while increasing taxes on new gasoline and diesel cars. This shifts support from broad subsidies toward permanent price signals once a technology is mainstream. — It provides a replicable sequence for other countries on how to retire EV subsidies without stalling adoption, aligning fiscal policy with long‑term decarbonization.