In Norway, the shift towards electric vehicles (EVs) has reached a significant milestone as there are now more electric cars on the road than petrol-driven vehicles. Out of 2.8 million registered private cars, 754,303 are electric, surpassing the 753,905 petrol cars. This transition is part of Norway’s ambitious goal to end the sale of new petrol and diesel cars by 2025.
The surge in EV sales can be attributed to tax breaks and incentives funded by Norway’s oil and gas revenue. The country’s sovereign wealth fund, worth over $1.7 trillion, has allowed the government to offer green incentives to motorists, including exemptions from sales tax for electric car buyers. Additionally, Norway’s environmental activists, with the help of pop group A-ha, have promoted EV use.
While diesel cars remain prevalent, their sales are decreasing as nine out of 10 new cars sold in Norway are electric. The country’s support for EVs is evident in free parking, toll exemptions, and numerous charging stations in every town and city. Norway’s transition to electric vehicles showcases its commitment to sustainability and environmental awareness.
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