Diesel Gas Sales Plummet in Norway
Global clean energy leader sees a huge drop in diesel gas sales
Yes, another story praising Norway’s clean energy prowess. Indeed, the incredibly eco-friendly country seems to dominate sustainability headlines. As Norwegians go green, national diesel gas sales plummet in the Scandinavian nation.
READ: EVs Outsell Gas-Powered Cars in Norway
Evidently, the fact that electric outpaces gas auto sales is taking a financial toll on oil producers. Ultimately, diesel gas sales have fallen by 95% across Norway since 2013.
The Norwegian government has masterfully shifted national transportation in a green direction. Subsidies benefit both producers and consumers.
Clean up consumer habits
Consequently, the nation has seen a steep decrease in demand for traditional engines. This has forced established automakers to rethink their fleet offerings.
Specifically, sales for premium diesel vehicles have fallen off a cliff. Instead, drivers favour high-range battery EVs.
Over 150,000 plug-in cars are sold in Norway, annually. This represents 55% of all sales.
Global energy implications
Moreover, global auto sales are beginning to follow Norway’s lead. Granted, just 3% of all US sales are electric.
Nevertheless, things are moving in a sustainable direction, as the Li-Ion batteries that EVs use to store power get billions in R&D funding. This is a global trend that has implications beyond the automotive industry. Similarly, the aviation industry has begun to explore the potential of emission-free planes.
Ultimately, Norway offers a sustainability path that other countries can follow.
Related Articles
EU Emissions Policy Benefits Electric Vehicles & Lithium Batteries
Ultra Lithium Inc. A team of lithium experts with a finger on the pulse of clean energy news, Ultra Lithium is a lithium exploration company with holdings in Argentina, Canada and the US (TSX-V: ULI, OTCQB: ULTXF and Frankfurt: QFB).
