
Nine out of 10 new cars sold in Norway last year were powered by battery only, registration data showed recently, 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% of new cars sold in 2024, up from 82.4% in 2023, data from the Norwegian Road Federation (OFV) showed. “Norway will be the first country in the world to pretty much erase petrol and diesel engine cars from the new car market,” said Christina Bu, head of the Norwegian EV association. 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. “That’s the big lesson: Put together a broad package (of incentives) and make it predictable for (the) long-term,” said deputy transport minister Cecilie Knibe Kroglund.
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