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Doncic dominates for Lakers as James' Sixers fall to Pistons
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Stocks sink as traders brace for tech earnings, central bank decisions
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UP schools close for Valmiki Jayanti as coastal states monitor cyclone risk
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المصرف المركزي الإماراتي يعرض في بانكوك مسيرة الريادة المالية والشراكات
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Albert Zahn’s carved birds find a lasting home in Wisconsin museums
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الزيودي: صادرات الإمارات إلى بنين مرشحة لبلوغ مليار دولار بحلول 2033
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France's debt woes in focus as ECB meets
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NPS Vatsalya offers three choices when a child turns 18
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US midterm political advertising crosses $10 billion
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China's Communist Party elite gather for governance talks
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Data center next door divides old Massachusetts mill town
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خسائر بـ1.15 مليار إسترليني تهز سوق العقارات البريطانية
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Maine logging, cross-border ties whipsawed by US-Canada tariff war
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AI ad blitz distorts US midterms
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From Carnegie to Claude: AI wealth could reshape philanthropy
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Israel's Eisenkot vows unity as Netanyahu paints him as soft on Iran
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India and Russia plan 2027 pilot voyages on Northern Sea Route
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First international flight takes off from new Sydney airport
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What challenges await Brazil's Lula in his fourth term?
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Jio’s next phase turns attention from subscriber growth to returns
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هيئة الدواء و«المهن الطبية» تبحثان دعم التصنيع المحلي وتوافر المستحضرات
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Brazil's Lula defies odds to clinch poll victory against Flavio Bolsonaro
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Eric Ries sets out how mission-driven companies can endure
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بحث رعاية العمالة غير المنتظمة بين وزارة العمل و«مستقبل مصر»
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Falcons hand 49ers first defeat of NFL season, Vikings remain unbeaten
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Book examines five forces driving the next phase of Indian startups
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Readers debate YES Bank bonds, climate commitments and candidate disclosure
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Lula, Bolsonaro in virtual tie halfway through Brazil vote count
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مباحثات لتوطين إنتاج المستحضرات الدوائية بين هيئة الدواء و«إيست فارما»
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Australian politicians pay tribute to wounded lawmaker
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Antonelli looks to seal title 'in style' after US Grand Prix win
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Modi opens RBI data centre and cybersecurity training institute
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Real Madrid century 'just a detail' for Mbappe after Clasico win
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Nifty heads toward weakest Samvat of Modi era after 13% fall
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موجة بيع حادة تدفع مؤشرات البورصة المصرية إلى خسائر واسعة
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Mbappe double helps Real Madrid stun Barca in La Liga Clasico
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Disappointed Verstappen admits to wrong tyre strategy at US Grand Prix
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Antonelli wins US Grand but title triumph has to wait another week
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India trims weekly wheat auction volume despite strong miller demand
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مخطط لإقامة ثماني بؤر استيطانية جديدة في جبل الخليل
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Manchester United slump deepens as Liverpool climb with Brighton win
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Brazil braces for result of knife-edge election after voting chaos
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Reus sends Bordeaux second in Top 14 with victory at La Rochelle
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Bleems adds UFFF toys and collectibles through Kuwait partnership
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الجامعة الإسلامية تنعى ثلاثة موظفين وتدين استهداف حرمها
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Serbia's student movement ousts longtime leader in parliament poll
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Real Madrid beat Barcelona in La Liga Clasico
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Kuwait minister urges focus on investment quality and development impact
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Antonelli wins US Grand Prix to close on world title
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Descendants of British slave-owning families support reparations campaign
One in five cars on Norway's roads are electric
One in five cars on Norway's roads are electric, a share that has doubled in less than three years, the Norwegian Electric Vehicle Association said Monday.
"The snowball is rolling faster and faster and a growing number of good electric car models are on Norway's roads", the head of the association, Christina Bu, said on its website.
While it took almost 10 years for the country's electric car fleet to go from zero to 10 percent of the market -- a level reached in March 2020 -- it took less than three years for the share to then double to 20 percent, the body said.
A market share of 30 percent could be reached within two years, it said.
By comparison, 0.64 percent of cars on France's roads were electric, according to French government figures from January 2021.
Norway, which is paradoxically Western Europe's biggest oil and gas producer, aims for all its new cars to be "zero emission" -- in other words, electric and hydrogen -- by 2025.
Clean cars benefit from several advantages in the Scandinavian country.
Among other things, they are largely tax-free, enjoy lower fares for road tolls and public parking, and can in some cases use public transport lanes.
Electric cars now represent about 80 percent of Norway's new car registrations, as an increasing number of models become available.
With the growing popularity of these cars, and the loss of income for the state, Norwegian authorities have started to roll back some of the benefits.
As of January 1, the 25 percent VAT exemption on the purchase of new electric vehicles will only apply to the first 500,000 kroner ($50,000) of the car's price.
The change is expected to affect high-end electric car makes, such as Tesla, Mercedes and Audi.
O.Mousa--SF-PST