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.

Sources

2026's EV Sales Hit 1.1M - But Europe Surges While North America Slides

EditorDavid 2026.03.15 80% relevant

The article documents how new and expanded subsidies in Germany, France and Italy correlate with sharp early‑2026 EV growth in Europe, while North America (with weaker/newer incentives) sees large declines—illustrating the idea that incentive design and timing (adding or removing perks) materially redirect EV adoption.

Norway Says 'Mission Accomplished' On Going 100% EV, Proposes Incentive Changes

BeauHD 2025.10.16 100% relevant

Finance Minister Jens Stoltenberg’s ‘mission accomplished’ announcement and the budget proposal to reduce EV VAT exemptions and raise ICE taxes.