Norway EV adoption

Norway’s Electric Car Revolution: A Model for the World?

Norway’s rapid transition to electric vehicles (EVs), with EVs comprising 88.9% of new car sales in 2024, is driven by long-term government policies. These policies include tax incentives favoring EVs and disincentivizing fossil fuel vehicles, resulting in significantly higher prices for petrol and diesel cars. Norway’s extensive public charging infrastructure further supports EV adoption, surpassing even that of larger nations like the UK on a per capita basis. This success positions Norway as a global leader in EV adoption and on the verge of becoming the first country to fully phase out the sale of new fossil fuel cars.

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Norway’s EV Revolution: Oil Wealth Fuels Green Transition

In November, Norway registered over 10,000 new electric vehicles (EVs), maintaining a remarkable 93.6% EV market share for new car registrations. This success builds on previous months and surpasses November 2022’s figures, indicating the country’s EV transition is nearing completion. Tesla’s Model Y led sales, while the Volvo EX30 secured second place, highlighting the growing EV model diversity. Norway’s achievement stems from government incentives, though these have been adjusted recently to promote alternative transportation methods and address the high cost of luxury EVs.

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