OSLO: Norway, which already boasts the world’s highest number of electric cars per capita, said Monday that electric or hybrid cars represented half of new registrations in the country so far this year.

“This is a milestone on Norway’s road to an electric car fleet,” Climate and Environment Minister Vidar Helgesen said.

“The transport sector is the biggest challenge for climate policy in the decade ahead. We need to reduce (CO2) emissions by at least 40 per cent by 2030 and ... this requires the electrification of the car fleet,” Helgesen told AFP.

Sales of electric cars acc­ou­­nted for 17.6pc of new vehicle registrations in January and hybrid cars accounted for 33.8pc, for a combined 51.4pc, according to figures from the Road Traffic Information Council.

“It is important to demonstrate that it is possible to achieve a technological transition and a market transformation in transport,” Helgesen said.

“In this respect, Norway is a political laboratory where we are showing that things go quickly if we have the right incentive mechanisms,” he added.

Norway, the biggest oil producer in Western Europe, has adopted a generous policy to encourage the purchase of cleaner vehicles.

Published in Dawn, March 7th, 2017

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Delayed approval
29 Aug, 2024

Delayed approval

Much of the worry over the loan stems from a lack of transparency regarding the cause of delay rather than the delay itself.
Traders’ strike
29 Aug, 2024

Traders’ strike

BARELY two months into the new fiscal year, the pressure groups have become active. On Wednesday, traders and...
‘Digital inclusion’
29 Aug, 2024

‘Digital inclusion’

PAKISTAN can be an odd place. Here, high functionaries of the state can — with a straight face — hold forth on...
A new vision
Updated 28 Aug, 2024

A new vision

Correcting course would require engagement with Balochistan’s genuine representatives, who are often crowded out by political ‘influentials’.
Wise observation
28 Aug, 2024

Wise observation

ENERGY Minister Awais Leghari has correctly underlined the nation’s poor economic conditions as a major reason for...
Afghan morality law
28 Aug, 2024

Afghan morality law

SOON after celebrating three years in power, the Afghan Taliban have further toughened social suppression. Their...