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

Smog hazard
Updated 05 Nov, 2024

Smog hazard

The catastrophe unfolding in Lahore is a product of authorities’ repeated failure to recognise environmental impact of rapid urbanisation.
Monetary policy
05 Nov, 2024

Monetary policy

IN an aggressive move, the State Bank on Monday reduced its key policy rate by a hefty 250bps to 15pc. This is the...
Cultural power
05 Nov, 2024

Cultural power

AS vital modes of communication, art and culture have the power to overcome social and international barriers....
Disregarding CCI
Updated 04 Nov, 2024

Disregarding CCI

The failure to regularly convene CCI meetings means that the process of democratic decision-making is falling apart.
Defeating TB
04 Nov, 2024

Defeating TB

CONSIDERING the fact that Pakistan has the fifth highest burden of tuberculosis in the world as per the World Health...
Ceasefire charade
Updated 04 Nov, 2024

Ceasefire charade

The US talks of peace, while simultaneously arming and funding their Israeli allies, are doomed to fail, and are little more than a charade.