A new electric car milestone in Norway
Recent data suggests 1 out of 5 cars in the Scandinavian nation are now electric
Recent data from the Norwegian Electric Vehicle Association suggests that 1 out of 5 cars on Norwegian roads are now electric.
Here are some key points:
It took over 10 years for the nation's electric car fleet to grow from nothing to 10% of the market (a level it achieved in March 2020), but it only took less than three years for the percentage to double to 20%.
Electric cars account for around 80% of new automobile registrations.
Within two years, a 30% market share may be attained.
In comparison, only 0.64% of cars on France’s roads were electric as per French government data from early 2021.
By 2025, Norway wants all of its new vehicles to be "zero emission," (aka electric and hydrogen-powered).
Ironically, the country is the largest oil and gas producer in Western Europe.
Norway is, of course, a small country relative to other nations in Europe (and quite wealthy I may add); hence we have to assume some sample bias. Nonetheless, the figures above represent a great milestone and a window into the future.