In a first, electric cars outsell traditional ones in Norway

Published April 2, 2019
The Norwegian Electric Vehicle Association says 58.4pc of new cars sold in the country in March were battery-powered.— AFP/File
The Norwegian Electric Vehicle Association says 58.4pc of new cars sold in the country in March were battery-powered.— AFP/File

COPENHAGEN: In a symbolic first, electric cars outsold fossil fuel-powered ones in Norway last month.

Christina Bu, the Norwegian Electric Vehicle Association’s general secretary, said on Monday that 58.4 per cent of new cars sold in the country in March were battery-powered, calling it “historically high.” Bu added that electric cars’ share of the market in the first three months of 2019 was 48.4pc and is expected to hover around 50pc for the whole year.

“Norway shows the whole world that the electric car can replace cars powered by gasoline and diesel and be an important contribution in the fight to reduce C02 emissions,” Bu said in a statement.

Norway, a wealthy European nation of 5.3 million, has provided big incentives to boost electric car sales. It waived hefty vehicle import duties and registration and sales taxes for buyers of electric cars to boost sales.

Published in Dawn, April 2nd, 2019

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

Opinion

Editorial

Military option
Updated 21 Nov, 2024

Military option

While restoring peace is essential, addressing Balochistan’s socioeconomic deprivation is equally important.
HIV/AIDS disaster
21 Nov, 2024

HIV/AIDS disaster

A TORTUROUS sense of déjà vu is attached to the latest health fiasco at Multan’s Nishtar Hospital. The largest...
Dubious pardon
21 Nov, 2024

Dubious pardon

IT is disturbing how a crime as grave as custodial death has culminated in an out-of-court ‘settlement’. The...
Islamabad protest
Updated 20 Nov, 2024

Islamabad protest

As Nov 24 draws nearer, both the PTI and the Islamabad administration must remain wary and keep within the limits of reason and the law.
PIA uncertainty
20 Nov, 2024

PIA uncertainty

THE failed attempt to privatise the national flag carrier late last month has led to a fierce debate around the...
T20 disappointment
20 Nov, 2024

T20 disappointment

AFTER experiencing the historic high of the One-day International series triumph against Australia, Pakistan came...