Nearly all cars sold in 2024 fully electric in Norway

The Manila Times

Nearly all cars sold in 2024 fully electric in Norway  Nine out of 10 new cars sold in Norway last year were powered by battery only, registration data showed on Jan. 2, 2025, placing the country within reach of its target of only adding cars that are electric on the road by 2025. Fully electric vehicles accounted for 88.9 percent of new cars sold in 2024, up from 82.4 percent in 2023, data from the Norwegian Road Federation (OFV) showed. Oil-producing Norway penalizes petrol and diesel cars with high taxes, while exempting EVs from import and value-added taxes to make them more attractive, although some levies were reintroduced in 2023. Norway's policies mean that fully electric cars last year overtook pure petrol cars on Norwegian roads.  REUTERS VIDEO  Subscribe to The Manila Times Channel - https://tmt.ph/YTSubscribe    Visit our website at https://www.manilatimes.net    Follow us:  Facebook - https://tmt.ph/facebook  Instagram - https://tmt.ph/instagram  Twitter - https://tmt.ph/twitter  DailyMotion - https://tmt.ph/dailymotion    Subscribe to our Digital Edition - https://tmt.ph/digital    Check out our Podcasts:  Spotify - https://tmt.ph/spotify  Apple Podcasts - https://tmt.ph/applepodcasts  Amazon Music - https://tmt.ph/amazonmusic  Deezer: https://tmt.ph/deezer  Tune In: https://tmt.ph/tunein   #TheManilaTimes #tmtnews #norway  #electricvehicles

Transcript

00:30Part of that story, and I think...

00:59We're just way too early, of course, but they...

01:04Norway will be the first country in the world to pretty much erase petrol and diesel engine

01:09cars from the new car market.

01:12It has happened really fast, and already more than 25% of all passenger cars on the road

01:20are fully electric.

01:21So Think was a car produced here in Oslo.

01:26In other countries, you see that someone put in some incentives or some tax exemptions

01:30and then they pull them back again.

01:33To do this and to sort of succeed with this, you need to sort of keep at it for a long

01:38enough time, and it's working.

01:42And I think the recipe that Norway has used, it's definitely transferable to other countries

01:50as well.

02:20Well, we still have more pumps than we have chargers, but as we see, there are coming

02:43more and more electrical cars into the market in Norway.

02:46Today, about 30% of all the light-duty vehicles are electrical.

02:50In just a couple of years, more than 50% of all the cars in the Norwegian market will

02:58be electrical.

02:59And of course, we have to ramp up our charging park according to that.

03:26I changed to an electrical car because of the environment.

03:34It's better for the environment, and the smell of diesel and cars on fuel.

03:52I'm from this area.

03:54I've been living here.

03:57So currently, there's one guy popping in at three, but that might be a bit too late.

04:03It's a very few customers that really are then buying ICE cars, and some fleet customers

04:09are maybe the biggest buyers, like rental car companies having tourists coming into

04:13Norway.

04:14They are not familiar with the e-car technology, then they need to offer them traditional cars

04:20so that they can go on the journey.

04:50So, that's it.

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