search
HomeHardware TutorialHardware NewsBuyers in the EV capital of the world abandon gas-powered cars as sales dwindle to record low

Buyers in the EV capital of the world abandon gas-powered cars as sales dwindle to record low

The European Union (EU) has set a target to ensure 100% of the new cars sold by 2035 are EVs. However, that target might be too ambitious due to slowing EV sales and macroeconomic conditions. In stark contrast to the EU, we may see car buyers in Norway shift totally to EVs rather soon as just 365 new Internal Combustion Engine (ICE) cars were sold in the country in July 2024.

According to a report from CleanTechnica, Plug-in Hybrids (PHV) and Battery Electric Vehicles (BEVs) accounted for an impressive 94.3% of new car registrations in July 2024. This is a Year-over-Year (YoY) increase of about 4.4% and is a new record for the Norwegian market.

The increased adoption of EVs comes at the expense of conventional ICE cars as consumers are increasingly moving away from these vehicles. The data indicates that non-plug-in hybrids and gasoline-only cars only saw 5.7% of total registrations. Out of this 5.7%, HEVs and diesel-powered cars accounted for 2.5% of the total share, whereas vehicles using petrol only occupied a 0.7% share which translates to a measly 45 units.

Seeing the data, it is not hard to imagine Norway moving away completely from ICE cars in the near future.

Here, one must ask: Why is EV adoption in Norway going so well?

The simple answer: Government Incentives and developed charging infrastructure.

Norway has historically heavily incentivized zero-emission vehicles

While recent years have seen a pullback of key incentives like complete VAT exemption for EV purchases, the Norwegian government has heavily incentivized EVs since the 90s.

For instance, there was no purchase/import tax and no 25% VAT on EVs till 2022. Buyers who lease rather than buy EVs are still exempt from the 25% VAT. Additionally, electric cars can also use bus lanes.

To facilitate and support the ever-growing EV user base in the country, authorities have also ensured a robust charging infrastructure. Norway now boasts one fast charging station every 50 km on all main roads. The country also had close to 24,000 public charging stations by 2022. This is quite impressive when you consider that Norway is sparsely populated with a total population of less than 5.5 million.

Long story short, Norway is well on its way to achieving its goal of completely eliminating the sale of new ICE cars by 2025. If there are lessons to be learned from Norway’s example, it’s that incentives and investment in infrastructure work.

Buy the Emporia Level 2 EV charger on Amazon

Buyers in the EV capital of the world abandon gas-powered cars as sales dwindle to record low

The above is the detailed content of Buyers in the EV capital of the world abandon gas-powered cars as sales dwindle to record low. For more information, please follow other related articles on the PHP Chinese website!

Statement
The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn
Apple iPhone 16 Pro as Leica smartphone: Leica subsidiary confirms camera grip with official Leica appApple iPhone 16 Pro as Leica smartphone: Leica subsidiary confirms camera grip with official Leica appJun 13, 2024 pm 08:52 PM

LeicareleasedtheLeicaLuxcameraappfortheAppleiPhoneafewdaysago.However,theappwasnotdevelopedbyLeica,butbyFjorden.ThecompanyhasbeenknownprimarilyforitscameragripsfortheiPhoneandwasacquiredbyLeicainDecember2023.Fo

Remote 3 universal remote control comes with touchscreen, but without subscription or server obligationRemote 3 universal remote control comes with touchscreen, but without subscription or server obligationJun 14, 2024 am 09:13 AM

SincethedemiseofLogitech'spopularHarmonyremotecontrols,themarketforhigh-qualityuniversalremotecontrolshasbeenfragmentedatbest.UnfoldedCircleaimstoavoidthefateoftheHarmonyUltimatebyeliminatinganyserverobligationsorsubs

Samsung Galaxy S24 Ultra gains E Ink secondary display via inventive protective caseSamsung Galaxy S24 Ultra gains E Ink secondary display via inventive protective caseJun 14, 2024 am 10:44 AM

Anintriguingthird-partycasefortheGalaxyS24Ultra(curr.$1,099.99onAmazon)hasappearedonmarketplaceslikeAliExpress.Astheimagesthroughoutthisarticleshow,thecasehasasimplesiliconeconstruction.However,italsocontainsanEInkd

Light Phone 3 launches with 50% discount, monochrome OLED and minimalist designLight Phone 3 launches with 50% discount, monochrome OLED and minimalist designJun 13, 2024 pm 10:18 PM

WhiletheLightPhone2from2018wasstillequippedwithaneconomicale-inkdisplay,theLightPhone3usesanOLEDdisplaythatcanonlydisplaygrayscale.Thereasonfortheswitchtothe3.92-inchOLEDpanelwithitsresolutionof1,240x1,080isth

Electric Ferraris will boast an \'authentic\' growl, claims marketing executiveElectric Ferraris will boast an \'authentic\' growl, claims marketing executiveJun 14, 2024 am 10:26 AM

In2012,theeminentautomotivejournalistJeremyClarksonstatedthattheLamborghiniAventador,whichhewasreviewingatthetime,wouldbeamongthelastcarstofeatureanaturallyaspiratedV12.Morethanadecadelater,V12-poweredsupercarsareal

First complete PCIe 7.0 IP solution presented by Synopsys coming to market in 2025 for HPCs and AI supercomputersFirst complete PCIe 7.0 IP solution presented by Synopsys coming to market in 2025 for HPCs and AI supercomputersJun 14, 2024 am 09:19 AM

Backin2022,whenPCIe7.0wasstartingtotakeshapeasafuturestandard,PCIe5.0wasjusthittingtheservermarketsandtheprospectofseeingPCIe6.0devicesavailableanytimesoon,letalonePCIe7.0ones,wasquitefar-fetched.CurrentlyPCIe5

Jabra discontinues Elite wireless earbuds lineupJabra discontinues Elite wireless earbuds lineupJun 14, 2024 am 09:39 AM

TheJabraEliteserieshascometoanend,withGNCEOPeterKarlstromerannouncingthediscontinuationofthewirelessearbudswithinthelineupinapressrelease.Petersaysthatthechangingmarketdynamicsandhowchallengingithasbecometogetas

Audio-Technica unveils ATH-S300BT wireless headphones with hear-through noise-cancellation, 90 hours battery life, and multipoint pairingAudio-Technica unveils ATH-S300BT wireless headphones with hear-through noise-cancellation, 90 hours battery life, and multipoint pairingJun 14, 2024 am 09:46 AM

Audio-TechnicahasunveiledtheATH-S300BTwirelessheadphoneswithhear-throughnoise-cancellation,multipointpairing,and90hoursofbatterylife.Thenoise-cancellingfeaturehasthreemodes:off,on,andhear-through,whereambientsoundscanbehea

See all articles

Hot AI Tools

Undresser.AI Undress

Undresser.AI Undress

AI-powered app for creating realistic nude photos

AI Clothes Remover

AI Clothes Remover

Online AI tool for removing clothes from photos.

Undress AI Tool

Undress AI Tool

Undress images for free

Clothoff.io

Clothoff.io

AI clothes remover

AI Hentai Generator

AI Hentai Generator

Generate AI Hentai for free.

Hot Article

Hot Tools

MantisBT

MantisBT

Mantis is an easy-to-deploy web-based defect tracking tool designed to aid in product defect tracking. It requires PHP, MySQL and a web server. Check out our demo and hosting services.

Atom editor mac version download

Atom editor mac version download

The most popular open source editor

Dreamweaver Mac version

Dreamweaver Mac version

Visual web development tools

Notepad++7.3.1

Notepad++7.3.1

Easy-to-use and free code editor

SublimeText3 English version

SublimeText3 English version

Recommended: Win version, supports code prompts!