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10 Mar
14:10

NIO to start first deliveries of its ET5 sedans in Norway

Chinese smart EV manufacturer NIO said Friday its ET5 models have arrived and deliveries for the first Norwegian customers will start this month, Kallanish reports. The medium-sized all-electric sedan is the first NIO model below the VAT threshold Norway implemented on 1 January. Its price starts from NOK 429,000 ($40,489), which is less than the NOK 500,000 limit for VAT on electric vehicles. Norway will charge VAT on the remaining car value exceeding NOK 500,00…
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