Norway’s EV Paradise
Norway is leading the charge in the zero emissions race to make a Utopian nation powered almost entirely by electric vehicles (EVs). Mr Musk will be loving the sound of that!
58.5% of all new cars purchased in Norway were fully electrified, setting a new global sales record in the EV market. EV sales surged roughly 31.2% in 2018 as a result of a pretty handy tax break that makes buying an electric car in Norway an absolute no-brainer!
Gas and diesel engines pay a substantial fossil energy tax that ranks as one of the highest in the world, while EVs pay no tax at all. This has allowed leading EV brands, such as Nissan and Tesla, to gain a serious strangle hold over the Norwegian market, while traditional brands like Toyota, Daimler and BMW are falling by the wayside.
Nissan’s Leaf electric car was the top-selling car in Norway in 2018, but Tesla’s Model 3 is beginning to close the gap, becoming March’s top seller. Tesla has been upping its service staff and production capabilities to meet rising demand, but at the rate the Norwegians are buying, it may need to go into overdrive to keep up!
So who’s moving to Norway?