Tag Archives: Electric cars

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

Automobile / Transport, Business News, ,

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.

Reuters: From California to Oslo: foreign subsidies fuel Norway’s e-car boom, for now

Automobile / Transport, Business News, , ,

On the outskirts of Oslo, a row of Fiat 500es imported from California stand parked in the snow outside the Buddy Electric dealership, part of a global flow of pre-owned electric cars to Norway powered by green subsidies elsewhere in the world.

The company’s production manager, Tor Einar Hanssen, said it had sold about 110 in the past year and a half, making a small profit on the cars, most of which had been used for a few years by U.S. leasing companies.

“They’re surprisingly good in cold weather,” he said.

A gleaming blue Fiat 500e is on sale for 129,000 Norwegian crowns ($15,000) with 24,000 km (15,000 miles) on the clock. It costs about 20,000 crowns($2,300) to import and adapt each Fiat, Hanssen said.

On U.S. used car websites, similar Fiats in California are advertised for about $10,000.

Read entire article HERE.