NORWAY
The New Order
Norway became the first country in the world where the sale of electric cars has overtaken sales of those powered by fossil fuels and hybrid engines, Reuters reported Tuesday.
Battery electric vehicles (BEV) comprised more than 50 percent of all new cars sold in the country in 2020, marking a global record and a substantial increase from a mere 1 percent of the overall market a decade ago.
German carmaker Volkswagen Audi took the lead last year as the top BEV producer, replacing US manufacturer Tesla.
The oil-producing nation is seeking to end the sale of petrol and diesel cars by 2025 and has exempted fully electric vehicles from taxes imposed on those relying on fossil fuels.
Analysts suggested that the sale of electric vehicles is expected to rise in 2021, but there are still questions as to how many vehicles producers will allocate to Norway as European demand is increasing.
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