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[BUSINESS] · Denmark · 3 sources

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Denmark faces rising costs for electric vehicles and heating

The Nordic automotive market saw significant growth in September, with new vehicle registrations increasing across Norway, Finland, Sweden, and Denmark. Norway reported a 30.7 percent increase, while Denmark saw a 13.1 percent rise. Electric vehicles (EVs) continue to capture a larger market share, particularly in Norway and Denmark, where EV shares reached 98.8 percent and 88.8 percent respectively.

However, Danish EV buyers face potential challenges as higher taxes are expected to impact prices.

Separately, Danish households are bracing for rising heating costs. Ten district heating companies have announced price increases for 2027, with most expected to rise between 6 and 10 percent due to increasing energy prices for fuel and electricity. In Præstø, prices are projected to rise by approximately 40 percent. This spike is partly attributed to grid capacity issues preventing a transition to more electric heat production, a challenge the Danish Parliament recently addressed with a new plan to prioritize electricity grid access.

Entities

Folketinget · Mobility Denmark