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Blog - Latest News
EVs Outsell

EVs Outsell Gas-Powered Cars in Norway

April 5, 2019/in In the News/by Gray Leigh

Norway First Country to See EVs Outsell Gas and Diesel Models

How times have changed. March 2019 saw EVs outsell gas and diesel models in Norway. Granted, the country’s population is just 5.2 million. Nevertheless, the moment is groundbreaking for countless reasons.

READ: Norway EV Sales Lead World in 2018

Firstly, the milestone proves that electric vehicles aren’t a passing fad. Norwegians enjoy access to perhaps the world’s most mature grid of charging stations. Secondly, we now have proof that target dates to abandon the sale of gas-powered vehicles isn’t coocoo. Now, China’s goal of completely electrifying its national transport fleet by 2030 doesn’t seem so far-fetched.

Thirdly, Norway offers a roadmap to success. Most importantly, prudent governments at both the local and national levels have access to an exciting case study.

The Scandinavian Standard

EVs OutsellNorway’s achievement came as a result of tight fiscal policy. Namely, a series of consumer-friendly tax incentives and rebate schemes continue to put thousands into electric vehicles.

Additionally, EV drivers have access to endless discounts. Ferries, toll-booths, and parking meters offer lower rates to eco-conscious travelers.

On another note, the country gets most of its plug-in vehicles from the United States. Moreover, this number resulted in $821 million in 2018 exports.

Incidentally, Norway and its neighbouring countries have set a global standard to electric vehicle adoption. Both Sweden and Denmark follow suit. Although small, the three countries enjoy among the world’s highest EV adoption rates, per capita.

Automakers Lean on Lithium-Ion

EVs OutsellNorway’s success is exciting, but shouldn’t come as a surprise. Most of the world’s largest automakers have directed their focus to electric vehicles. Furthermore, national governments give these corporations the support they need to increase adoption rates.

Even the United States is on board. In late 2017, the Trump Administration signed an Executive Order. Consequently, lithium is now considered an invaluable mineral to the nation’s economic health. As a result, the federal government could revive the expired EV tax credit. Especially since Norwegians buy American-made EVs like hot cakes.

Nevertheless, as EVs outsell gas-powered competitors in Norway, global transportation changes.

As Harley-Davidson rolls out electric bikes, and Dyson(?) enters the EV game, one wonders how quickly news travels of Norway’s success.

Related Articles

Chinese Electric Car Industry Leads World

2019 Electric Cars To Get Excited About

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).

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LATEST NEWS

  • Ultra Lithium Cuts 1.81 Percent Lithium Oxide Over 10 Meters in Channel Samples at the Forgan Lake Lithium Property Northwestern OntarioMarch 3, 2023 - 10:16 am
  • Ultra Lithium Invites Shareholders and Investment Community to Visit Booth #2353 at PDAC 2023 Toronto, March 5-8, 2023March 2, 2023 - 6:00 am
  • Ultra Lithium Assays Up To 417 PPM Lithium in Drill Hole at the Laguna Verde Brine Lithium Project in ArgentinaFebruary 28, 2023 - 4:30 am
  • Ultra Lithium Intersects 2.68 Percent Lithium Oxide at The Forgan Lake Lithium Property in Northern Ontario, CanadaFebruary 8, 2023 - 5:00 am
  • Ultra Lithium Responds to Government of Canada Critical Minerals AnnouncementNovember 4, 2022 - 4:30 am

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Ultra Resources Inc.
1120 – 789 West Pender St.
Vancouver BC V6C 1H2
Canada

Kiki Smith, CPA, CGA
Chief Financial Officer
E: [email address protected by javascript]
T: +1-778-968-1176

Afzaal Pirzada, M.Sc.(Geo), P.Geo.
Vice President, Exploration
E: [email address protected by javascript]
T: +1-778-558-4940

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