Norway is on the verge of a monumental achievement, poised to become the first nation to exclusively sell zero-emission vehicles by 2025. This ambitious move marks a significant step towards phasing out fossil fuel-powered cars.
With 88.9% of new car sales in Norway already electric, the country is nearing its goal. However, achieving 100% requires addressing affordability issues, primarily by making smaller electric vehicles more accessible. Norway’s comprehensive subsidies—funded partly by its oil and gas revenue—highlight the importance of financial incentives in this green transition.
The challenge extends beyond Norway. In regions like the UK, inadequate support and affordability gaps hinder progress. As electric vehicles remain costly, targeted strategies emphasizing smaller, affordable models are crucial to meeting emissions targets and fostering inclusive mobility.
(With inputs from agencies.)