Norway is set to become the first country to fully transition to electric vehicles
Norway is set to become the first country to fully transition to electric vehicles
www.cnbc.com
Norway is set to become the first country to fully transition to electric vehicles
Summary
Norway is on track to become the first country to eliminate gasoline and diesel cars from new car sales, with EVs making up over 96% of recent purchases.
Decades of incentives, including tax breaks and infrastructure investments, have driven this shift.
Officials see EV adoption as a “new normal” and aim for electric city buses by 2025.
While other countries lag behind, Norway's success demonstrates the potential for widespread EV adoption.
Basically, if your government really wants it and doesn’t give in to lobbying then they can do it.
It’s many years of concerted effort with successive administrations keeping up the commitment.
Our 2024 figure for % of new cars being electric was 19.6% in the UK so I’d be very surprised if we hit the 2030 target of 80% new cars sold being zero emission.
Geology and geography are also helping a lot.
Yepp, it’s odd to celebrate the milestone to emobility if one knows it’s paid all by carving carbon out of the earth. The goal of Emobility is to reduce carbon emissions - as far as I know.
I'm not saying they aren't downplaying it, but it's also a population of 5.5 million of highly educated and high per capita income, which makes easier to implement. Small population and people who can afford it.
They don't withdraw much from that fund though and have an annual ceiling of 3% of its value, they still pay a good amount of taxes (22% on income, 25% sales tax). Blaming the oil fund just shows how lacking other countries management is.
If you think we actually invest in infrastructure, you are sorely mistaken.... I mean yes, we have a decent charging infrastructure. Driven by Tesla purchase and gas stations following through in order to retain EV customers. So some infrastructure is needed to support that.
But we don't even have good enough infrastructure to distribute an abundance of hydro electricity from North to the South, while at the same time we export electricity down to central Europe from the South, so prices fluctuates a crap ton.
Don't get me started on train lines being neglected for the past 50 years. And as most countries we are realising that all our sewage and water lines need a massive renewal....
Maybe we should use more of the oil fund for these tasks, but I believe there would be large inflations if we tossed the oil fund around to fix everything....