Norway is heading to 100 percent adoption of Electric Vehicles

By @Ellec on Sat, 22nd of June, 2019 at 03:06PM ET

Norway is the undeniable leader when it comes to adoption of Battery Electric Vehicles (BEV) with more then 60% of new cars being electric. However that number could hide the actual demand. It's being reported that the supply of EVs can't meet the demands of the Norwegian consumers.

The Scandinavian country is looking to ban fossil fuelled vehicles by 2025 which is one of the most aggressive targets to be announced so far. This has undoubtedly been a forcing function in the swift adoption of BEVs. Another driver in this rapid growth is the plethora of government incentives, these go back as far as 1990. Zero sales tax and perks such as driving in bus lanes have been hard to resist for the Norwegian drivers.

It's clear when we look at the rapid uptake of EV's in Norway that incentives and the threat of bans drive real change. With many other countries announcing bans it looks like traditional fossil fuel vehicles days are numbered.