Norway’s Plugin Market Share Surpasses 90% for Third Consecutive Month
Norway has been leading the way in electric vehicle adoption for several years now, and the latest figures show that the country’s plugin market share has surpassed 90% for the third consecutive month. This is a significant milestone for Norway, which has set ambitious targets to phase out the sale of new petrol and diesel cars by 2025.
According to the Norwegian Road Federation, electric vehicles accounted for 80.7% of all new car sales in Norway in September 2021, while plugin hybrids made up 10.2% of the market. This means that only 9.1% of new cars sold in Norway last month were powered solely by petrol or diesel engines.
The figures are even more impressive when you consider that just five years ago, electric vehicles accounted for less than 5% of new car sales in Norway. The rapid growth in electric vehicle adoption has been driven by a combination of government incentives, a supportive infrastructure, and a growing awareness of the environmental benefits of electric cars.
One of the key factors behind Norway’s success in promoting electric vehicles has been its generous incentives for buyers. These include exemptions from VAT and other taxes, free tolls and ferry crossings, and access to bus lanes and free parking. In addition, the Norwegian government has invested heavily in charging infrastructure, with more than 11,000 public charging points now available across the country.
Another important factor has been the growing range and affordability of electric vehicles. As battery technology has improved, electric cars have become more practical for everyday use, with longer ranges and faster charging times. At the same time, prices have come down, making electric cars more accessible to a wider range of buyers.
Norway’s success in promoting electric vehicles is not just good news for the environment – it also has important economic benefits. The shift towards electric cars is creating new jobs in areas such as battery production and charging infrastructure, while reducing the country’s dependence on imported oil.
However, there are still challenges to be overcome. One of the biggest is the need to ensure that the electricity used to power electric cars comes from renewable sources. Norway is fortunate in having a large supply of hydropower, which means that most of its electricity is already renewable. However, in other countries, the growth in electric vehicles could lead to an increase in demand for fossil fuels unless steps are taken to promote renewable energy.
Overall, Norway’s success in promoting electric vehicles is a model for other countries to follow. By providing incentives for buyers, investing in charging infrastructure, and promoting renewable energy, governments can help to accelerate the transition to a cleaner, more sustainable transport system.
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