They can afford it.
A new report reveals the reasons behind this in oil-rich Norway – the country produces about 2 million barrels of oil per day – You will now have more electric cars Compared to gas guzzlers, The Guardian Report.
The Norwegian Road Federation (OVF) reports that of the 2.8 million private vehicles registered in this prosperous Scandinavian country, 754,303 are electric, while 753,905 run on gas.
Although the organization said that there are still about one million diesel-powered vehicles in the country, their sales are declining drastically.
“This is historic. Very few people expected this milestone 10 years ago,” said OFV director Øyvind Solberg Thoresen.
“The electrification of the passenger car fleet is progressing rapidly, and Norway is thus fast moving towards becoming the first country in the world whose passenger car fleet will be dominated by electric cars,” Thorsen said.
Tax exemptions were an incentive that was used to balance the prices of electric vehicles as well.
Norway aims to have all new cars be zero-emission transport by next year – that’s ten years ahead of the EU’s projected deadline.
Elon Musk's Tesla Model Y for sale EV sales also got a boost Last August, new car registrations in Norway reached 94.3%.
In other parts of the continent, electric vehicles will account for just 12.5% of new car sales by the end of 2023.