Norway has made global history for being the first country to sell over 50% of its new cars as electric vehicles in 2017. At least one in every five people who own cars in Norway have an electric vehicle (EV). This drastic shift in the automotive industry is due to the incentives by the Norway government.
For a long time, the government in Norway has always wanted to do away with fossil-fuelled cars. This will finally be a reality, thanks to the lucrative incentives. In only 2018, car sales for electric breeds in Norway rose by 31.2%.
Lessons to Learn?
Norway is on its way to significantly reducing carbon emission thanks to electric vehicles. The electric used in Norway is mostly drawn from hydroelectric plants which offer cleaner energy compared to electricity from natural gases and coal. With Norway’s per capita income tripling in the last two decades, electric vehicles have become more affordable to many citizens.
When it comes to maintenance, an electric car can go as low as 75% less than gas-fuelled vehicles. However, the upfront cost might still be a bit higher than traditional vehicles, maintenance sort of makes up for the excess expense. Recently, parking emission-free cars has become free with toll and ferry charges being exempted.
Many people are, however wondering why Norway is rushing to encourage a green economy. Yet, it is the largest exporter of natural gasses and fossil fuels. With climate targets being a crucial factor, this might have been the best move to balance out the issue.
In line with an agreement signed in Paris, Norway plans to reduce greenhouse gas emission by at least 40% by 2030. Though there are still a lot of discussions ongoing in the EU on how this will be possible, the transport sector remains to be a significant factor in achieving this goal.