Norway has emerged as a global leader in electric vehicle (EV) adoption, with an impressive 82.4% of private vehicles sold in 2023 being electric, and a peak of 92.1% in January alone. The country aims for a 100% electric car sales rate by next year, contrasting sharply with the slower adoption rates in the UK and the EU. This remarkable shift towards electric mobility in Norway, a country known for its significant oil exports, is attributed to strategic tax policies and incentives for EVs. Despite its wealth from oil and gas, which constitutes 24% of its GDP and 52% of exports, Norway has prioritized environmental sustainability in transportation. The Norwegian EV Association, the world’s largest EV club with over 120,000 members, highlights the country’s commitment to reducing CO2 emissions from transport, which globally accounts for about 20% of emissions. Norway’s success story in EV adoption showcases the impact of government policies and incentives in encouraging sustainable practices, even in regions with challenging geography and climate.
Read more at: www.theguardian.com