One of such places is Norway, because it was in this country that a record number of electric cars was sold last year. What result are you talking about? In 2020, such cars accounted for more than half, and more specifically 54% of all new cars sold, and if we add hybrid and plug-in cars to this, the numbers seem almost impossible to achieve. Yet cars with internal combustion engines account for only 17% of all cars sold, of which 9% are diesel cars.
Interestingly, this is not the first time that electrician sales in Norway have attracted attention with its impressive result, but it is the first time that we are dealing with a trend that reflects the entire year, not individual months or quarters. We are also dealing with a large increase year on year, because in the year before, electrics accounted for 42% of all cars sold – no other country in the world is even close to such achievements. And when it comes to the most-chosen cars, the Norwegians reach for the Audi e-tron, Volkswagen Golf, Hyundai Konda, Nissan Leaf or Tesla Model 3. The first is by the way the most-bought passenger car in 2020 in this country, throwing the Tesla Model off the podium. 3, which triumphed last year (the previous year it was the Nissan LEAF).
It is worth remembering, however, that the promotion of electricians in Norway was not the last years, but rather decades, during which efforts were made to convince drivers to transfer, and additional payment plans were developed. These require cash, of course, but Norway, like several other countries, benefited heavily from the 20th century oil boom and then invested the money well. And while, for example, the British allocated their profits to tax breaks for the wealthy, Norway chose a state wealth fund, i.e. a fund that invests state resources (most often obtained from the export of raw materials, such as oil or natural gas) in foreign assets for the state.
These are used in many countries and have specific goals, such as future pensions, financial security of the country or, as in the case of Norway, a massive transition to electric transport through huge surcharges and bonuses, such as no import, road or other taxes. What’s more, the Norwegian authorities also resorted to additional methods, such as allowing electric cars to run on bus lanes, which means no need to stand in traffic jams. And it seems that it worked, although not without the help of the proverbial stick, because at the same time taxes on other cars were increased so that electrics were cheaper in a direct comparison. Norway is also planning further funds and subsidies to completely end the sale of cars with internal combustion engines in 2025.
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