-
Monet's 'Iris' fetches 50 mn euros at Paris auction
-
Rekindled Gucci desirability fails to light flame under Kering sales
-
L'Oreal sees double-digit sales growth
-
Thousands rally as Serbia heads to pivotal poll
-
Sri Lanka stun England with huge chase after Brook's 202
-
Marathon star Aga banned six years for doping and misleading investigation
-
Guatemala sentences former police officers in gay couple's killings
-
USA to host women's football Club World Cup in 2028 - FIFA
-
Nelson's erotic dream letter features in London auction
-
Finland grants licence for world's first nuclear waste repository
-
Canada opens free trade talks with Turkey
-
'Old-fashioned' South Africa thump Australia to level Test series
-
Swiss, Austrian women freed after Niger kidnap ordeal
-
No more taking out the trash at your Airbnb
-
Austrian-born French resistance fighter dies aged 105: regional official
-
Swiss supreme court upholds Guatemala ex-police chief sentence
-
Paris shop-owners and residents prepare for fresh protests
-
UN climate disaster fund moves to provide $20 mn aid for Nepal
-
French, Japanese authors try to write novel on one-day train ride
-
Africa faces 'complex' Ebola outbreak after spread to Nigeria: WHO
-
Pentagon, Lockheed announce agreement for 850 F-35 jets over 10 years
-
American detained in Russia arrives in US: lawyer
-
Brook scores fastest double century in ODI history in rampant England's 429-4
-
Pentagon, Lockheed announce deal for 850 F-35 jets over 10 years
-
Top-ranked Rybakina into Ningbo quarter-finals on return from injury
-
French authorities seek to ban or curb fresh protests
-
Samson superb as India mark record T20 chase in win over New Zealand
-
Nearly all coral reefs risk collapse in 50 years: IUCN
-
Nvidia boss criticises 'cheap' AI doomsday warnings
-
Foden can be one of Premier League's best again, says Maresca
-
Philippines trailblazer Eala ousted in Ningbo last 16
-
'Solution from the heavens': Indonesians pray for rain as fires burn
-
Stocks retreat as tech mood sours, oil prices jump
-
Targeted by Trump, ICC wins top EU rights prize
-
Northern start and finale in the Pyrenees for 2027 Tour de France
-
Grabbing a bargain: Japan's claw machines cash in on inflation
-
Handful of Micron workers strike in Taiwan
-
Barclays bank to cut about 5,000 jobs amid AI drive
-
Zelensky says fresh Russian strikes show 'no change' in Kremlin position
-
Son of Myanmar's Suu Kyi says had first call in five years
-
China slams 'Cold War mentality' after new EU Arctic plan
-
Taiwan issues warnings as Typhoon Champi nears
-
Алекс Боди и ръководителят на BlackRock Лари Финк в Берлин: инвестиции в Германия и Румъния?
-
Alex Bodi és Larry Fink, a BlackRock vezetője Berlinben: befektetések Németországban és Romániában?
-
Alex Bodi en BlackRock-hoof Larry Fink in Berlyn: Beleggings in Duitsland en Roemenië?
-
एलेक्स बोदी और ब्लैकरॉक प्रमुख लैरी फ़िंक बर्लिन में: जर्मनी और रोमानिया में निवेश?
-
Ageing Japanese village turns to Peru in search of new residents
-
Alex Bodi ve BlackRock Başkanı Larry Fink Berlin’de: Almanya ve Romanya’ya yatırım mı?
-
Targeted by Trump, ICC in running for top EU rights prize
-
Wrong anthems played at Asian Para Games after mishap-marred Asian Games
In contrast to Europe, Tesla sets sales records in Norway
Tesla has sold more cars in Norway in 11 months than any other brand in a whole year, according to statistics published on Monday, in contrast to the rest of Europe where the electric car brand run by Elon Musk has faced headwinds.
In a country ahead of the pack in the adoption of electric vehicles, Tesla sales have surged by 34.6 percent since the beginning of the year, compared to the same period last year, according to the Norwegian Road Federation (OFV).
Tesla's Model Y and Model 3 were the two best-selling vehicles last month across all brands.
By comparison, its sales in the European Union -- of which Norway is not a member -- dropped by 39.2 percent in the first 10 months of the year, and by 48 percent year-on-year in October, according to the latest statistics from the European Automobile Manufacturers' Association (ACEA).
Tesla is facing increased competition from attractively priced Chinese brands and has also suffered from a tarnished image owing to controversies surrounding its billionaire CEO Elon Musk.
Around 41 percent of electric car drivers worldwide would avoid owning a Tesla for political reasons, according to a survey published by the Global EV Alliance in November.
The head of the Norwegian Road Federation told AFP that "there is no sign of 'Tesla shame' in Norway."
Geir Inge Stokke said "Norwegian drivers prefer reasonably-priced quality cars that are technologically advanced and in which they feel safe."
In Norway Tesla has sold nearly 29,000 cars since January, surpassing the record of any brand for an entire year.
Norwegians are currently rushing to buy electric cars before a planned tightening of tax incentives for these vehicles, which are planned to start January 1.
In its proposed 2026 budget, the Labour government wants to lower the price threshold at which new electric vehicles are subject to VAT from 500,000 kroner ($49,000) currently to 300,000 kroner.
Then, the VAT exemption for electric vehicles would be abolished entirely by 2027.
VAT in Norway is set at 25 percent for cars.
As the Labour government only controls a minority in parliament, the proposal still needs to be approved by its partners in parliament before being passed.
"The uncertainty surrounding the proposed VAT change from 2026 is ... contributing to many people pushing their car purchases forward," the OFV's Stokke said earlier in a statement.
"With the budget still not finalised and the basis deduction still unclear, many choose to secure a new car under the current conditions," he added.
Fully electric vehicles accounted for 97.6 percent of new registrations last month in Norway, which had set the goal of achieving 100 percent zero-emission car sales as of this year.
M.O.Allen--AT