Norwegian sales of electric and hybrid cars outgunned those for fossil-fuel-based vehicles last year. Some 52% of new cars sold in 2018 ran on newer forms of energy, while fully electric cars accounted for 21% of new sales in 2017, according to Norway’s Road Traffic Advisory Board.
EV incentives in the market include a 25% sales tax exemption, while most streets in Oslo have charging stations and electric vehicles are exempt from toll and ferry fees. And while Teslas, BMWs and Volvos are leading the charge, local EVs such as the Buddy Electric car are also making inroads.
The world is rapidly heading towards a cleaner transport system as vehicles leave fossil fuels behind and go electric, argues Colin McKerracher, head of advanced transport at Bloomberg New Energy Finance.