79388
Zero-emission cars, which exclude hybrids, made up 21%  of car sales last year in Norway.
Zero-emission cars, which exclude hybrids, made up 21%  of car sales last year in Norway.

Majority of New Cars Sold in Norway are EVs, Hybrids

Majority of New Cars Sold in Norway are EVs, Hybrids

With the help of generous government subsidies, Norway is a world leader when it comes to the adoption of electric vehicles. Now, electrics and hybrids account for more than half of all new vehicles sold in Norway, putting it far above other countries in terms of national EV share.
Back in 2016, these vehicles made up about 40% of all new cars sales in the country. In 2017, that number jumped to 52%, according to the Norwegian Road Federation, Motor Trend reported.
EV buyers in the country benefit from the ability to forego the usual taxes. They also receive free or subsidized parking, charging, and access to toll roads, ferries, tunnels — benefits that can add up to thousands of dollars a year. However, as Reuters points out, Norway’s policies may be hard to replicate. Norway has accumulated in the ballpark of $1 trillion in its sovereign wealth fund, ironically, from revenues related to the production of oil and gas.
The most popular models sold in Norway last year include the Volkswagen Golf, BMW i3, Toyota RAV4, and Tesla Model X. Of course, the BMW and Tesla run on pure electricity, but the VW and Toyota offer electrified versions.
Zero-emission cars, which exclude hybrids, made up 21% of car sales last year in Norway. This is an increase from 2016, when these vehicles comprised 16% of overall sales.
Almost all of Norway’s electricity is made from hydropower, helping to combat climate change. By 2025, Norway plans to ban the sale of gas and diesel cars in that effort. Other countries including France and Britain want to end the sale of these vehicles by 2040.

Short URL : https://goo.gl/hBfZie
  1. https://goo.gl/Kzd1GG
  • https://goo.gl/qFJcpr
  • https://goo.gl/m6hU6J
  • https://goo.gl/FSj63C
  • https://goo.gl/jqafA6

You can also read ...

US’ Iran Policy Headed for Train Wreck With Afghan Policy
US President Donald Trump’s decision to pull out of the Iran...
5-6% Flexibility in USD Rate Until March
Governor of the Central Bank of Iran said the exchange rates...
Persian is the 15th most spoken language  in the world with 120 million speakers.
The amount of online content in Persian has observed a...
With the US Out, How Can Iran Benefit From JCPOA?
In Iran, the only surprise regarding US President Donald Trump...
BMI Outlines Forex Measures
Director of Bank Melli of Iran’s Foreign Exchange Department...
Mineral Projects Worth $3.6b in the Pipeline
More than $3.6 billion worth of mineral projects are to be...
Non-Oil Trade With Malaysia Rises 23%
Iran traded $694.64 million worth of non-oil goods with...
Apple Pays Ireland 1st Tranche of Disputed Taxes
Apple has paid €1.5 billion ($1.76 billion) into an escrow...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus