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Tesla and EV dominance in Norway causes shortage of fossil fuel cars to tax

Teslarati

Tesla and other electric vehicles are beginning to dominate the roads in Norway, leaving very few internal combustion engine (ICE) cars to tax. As one of the first countries to face the challenge, Norway might set an example for future nations on how to handle EV dominance. . in October 2020 to 3.7% last month.

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Lessons From Norway’s Journey To Becoming The Global Leader In EV Adoption

Wallbox

Norway leads electric vehicle (EV) adoption, boasting the highest share of new EV purchases worldwide. Compared to the USA, where EVs make up only 2% of new car sales, this gives one a good idea of Norway’s strong leadership position in terms of EV market share. It Pays To Drive Electric in Norway. in 2018 and 42.4%

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Bain: Germany’s goal of 1M electric cars by 2020 is unattainable; fewer than 50,000 units on road by end of this year

Green Car Congress

The German Federal Government plan to have one million electric cars on its roads by 2020 has failed, according to the analysis of international management consulting firm Bain & Company. In terms of international electric car market share, Germany with 0.6% (as of 1Q 2015) is far behind Norway (33.1%) and the Netherlands (5.7%).

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Study finds behavior-influencing policies remain critical for mass market success of low-carbon vehicles

Green Car Congress

More than 90% of such vehicles are powered by internal combustion engines burning oil-derived fuels. Global, economy-wide carbon pricing is assumed as climate policy in both scenarios after 2020 (100 US$ per tCO 2 held constant over time). Note the different scaling used in the graphs. McCollum et al. Click to enlarge.

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Rosneft and Eni partner to explore fields in the Barents and Black Seas

Green Car Congress

The agreement, which also envisages Rosneft’s participation in Eni’s international projects, is similar to the recent Rosneft-ExxonMobil partnership ( earlier post ). First exploration well should be drilled before 2020, and, if successful, second exploration well is to be drilled by 2025. Sea depth here varies from 160 to 300 meters.

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The New Oil Cartel Threatening OPEC

Green Car Congress

A recent survey suggested that as many as 90 percent of Indian drivers were willing to switch to EVs if the government built the necessary charging infrastructure, reduced road taxes, and increased subsidies. It’s safe to say it remains uncertain if the EV boom will continue after 2020.

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Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

Increasing electric car sales were the main reason for growth in the overall car market, which contracted by 8% for conventional (internal combustion engine) cars but grew by 5% in total, indicating that EV sales are continuing to perform as the market matures. China exported over 1.2 million in 2023, increasing by 35% relative to 2022.