NEWS

Forbes: Electric Cars: Why Little Norway Leads The World In EV Usage


< Back to all news

Forbes: Electric Cars: Why Little Norway Leads The World In EV Usage

Business

Category: Automobile / Transport

Almost 60% of new cars sold in Norway during March 2019 were entirely electric-powered. It’s the latest record-breaking statistic involving Norway and electric vehicle (EV) records as the Scandinavian nation looks to stop sales of fossil fueled cars by 2025.

The numbers could be even higher, but thousands of Norwegians find themselves on long waiting lists as dealerships struggle to import enough vehicles. According to industry figures, a total of 11,518 EVs were registered in Norway during the first quarter of 2019, twice as many as the previous year. The new Tesla Model 3, Nissan Leaf and Volkswagen Golf account for the majority of registrations.

Although unit sales in China and the U.S. are far higher, it’s Norway that remains the poster child of the EV revolution. That’s because there are far more EVs on Norwegian roads as a proportion of total vehicles than anywhere else in the world. Constant headlines over the past few years have left many people scratching their heads as to why a little Scandinavian nation with a population just over 5 million leads the EV revolution. The answer is simple: favorable environmental math, and financial incentives.

Read entire article HERE.

Source: Forbes