Nine in 10 new cars in the country are now battery-powered, and it aims to hit 100% later this year.
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Scooped by
Graham Watson
onto Microeconomics: IB Economics January 13, 4:05 PM
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Electric cars represent around 20% of all new car sales, In Norway, however, they represent 88.9% of all new car sales last year, so why has Norway been so quick to transition to environmentally-friendly forms of transport?
The government has supported the transition, from the 1990s onwards by taxing internal combustion engine cars and offering incentives to people buying EVs, and building a sophisticated infrastructure to support them. Indeed, according to the article, "per 100,000 people, Norway has 447 chargers while the UK has just 89".
And the Norwegians claim that others could match them if only they could consistently tailor coherent policy to economic circumstance.