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Mosern1977
Patrick Boyle
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Comments by "Mosern1977" (@Mosern1977) on "Is Electrification Killing the Auto Industry?" video.
Its more down to ICE cars have a 100% tax originally, and that EV's could then get 0% tax. So there is just a tax loss for the government - the money lost by the government is still in the economy (in peoples wallets). But the fact that people were accustomed to 100% tax made this possible (and the fact that Norway doesn't have an auto-industry).
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@kikass6848 - Well, the Taycan depreciates your car's value every month, so they pay a lot that way. Your car is cheap as long as it runs.
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Norwegian here. At this point, in Norway, I think not. Maybe a few years ago, but not anymore. We have reached critical mass here. Most people don't want a noisy, slow, clunky, stinking, ICE car now. (Some 'car guys' want them, but the majority of the population are more than happy zipping around in traffic silently and quickly while all the modern gizmos do stuff for them).
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Norwegian here - no, its not that. Even with constant insentives, the issue is that the technology is changing rappidly in these electric cars. And that new cars are being sold for less and less (due to increased supply and competition), pushing newer used car prices down. An EV is more like a computer on wheels, and depreciate like a computer in value. Last year's electric car might not be up to snuff with this year's car. And a 5 year old one is pretty bad. A 10 year old one is a writeoff. Add the fact that a lot of people are not comfortable with repairing an old electric car by themselves, and the used electric car market is not nearly as solid as the used ICE car market.
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4 times the population though, and a lot more sea access.
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Depends on your use case. If you can charge at home, and don't travel more than 400 km a day, an electric car will do just fine.
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@Legate_Lanius - basically the car history for modern electric cars is about 10-15 years old. New things come all the time, new companies, new models, etc. So yeah, the electric car market is just not as mature as the ICE one - so one does not have as good statistics on it. As for repairing stuff, insurance on electric vehicles are very high because the price of repairs are so high. It might get better in the future, but it s an issue today.
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@playyourturntodieatvgperson - and these investments are now starting to pay of really handsomly. Compound interest is a powerful force, and if Norway isn't a tax haven by 2040, something has gone very wrong somewhere.
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@louwrentius - the market will sort this out eventually. Old EVs are still a new concept, so there is uncertainty about it for sure. But there is a lot more happening in the EV market than in the ICE market. Which also affects perceived resell value.
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Not true for Norway... Making billions upon selling hydropower to Germany and UK when the sun doesn't shine and the wind doesn't blow.
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