Norway, one of the world's largest oil exporters, now has more electric cars on its roads than petrol-driven ones.

Norway, one of the world’s largest exporters of oil, now has more electric cars on its roads than petrol-driven vehicles.

Of the 2.8 million private cars registered there, 754,303 are now all-electric, compared with 753,905 that run on petrol, according to new figures from the Norwegian Road Federation.

The Nordic country of 5.5 million people is aiming to become the first nation to end the sale of new petrol and diesel cars - by 2025.

Sales of electric vehicles (EVs) have been boosted by tax breaks and other incentives, funded in large part from the money Norway makes out of oil and gas.

  • federal reverseMEnglish
    1·
    3 months ago

    If you’re generating electricity primarily from fossil fuels in the first place, their price will be linked (but higher) by design. If you’re using a merit order system, then that’s true even if just a fraction of your electricity comes from said fossil fuels. That of course ignores possibly different sets of taxes being applied to retail fuels vs. the fuels utilities are buying and taxes on electric power.