EVs have gained immense popularity in five Nordic countries
In an interesting report, US News has revealed that electric cars have gained a lot of popularity in five Nordic countries --- Norway, Finland, Sweden, Denmark, and Iceland. The report is based on information shared by the International Energy Agency.
The above-mentioned five Nordic countries account for barely 0.4 percent of the world’s population. These countries have excessively cold weather conditions and lots of snowfall; thereby leading to the assumption that people in these countries would ideally prefer gas-powered or diesel-powered vehicles. However, quite surprisingly, electric cars are extremely popular in these five countries.
According to the US News report, almost eight percent of the total worldwide sales of fuel-efficient cars --- including battery-powered vehicles, plug-in hybrids, and fuel cell cars -- were attributable collectively to the five mentioned Nordic countries in 2016.
The reason behind the popularity of electric vehicles in Norway, Finland, Sweden, Denmark, and Iceland is that the governments in these five Nordic countries are encouraging consumers to ditch gas-powered vehicles and choose vehicles running on alternative fuels. Consumers who purchase fuel-efficient cars in these countries get generous tax breaks and rebates, along with discounts to use toll roads.
With regard to the popularity of EVs in the five mentioned Nordic countries, Mark Gottfredson -- a partner at Bain & Company -- said that “it's just cheaper to own an electric vehicle” in these countries, so EV demand here has rocketed.
According to the latest official registration data released in Norway, the sales of electric vehicles (EVs) in the country touched a new record high in September 2018.
French automaker Groupe Renault has introduced an ‘affordable’ new all-electric vehicle --- the Renault K-ZE electric crossover. The new vehicle was unveiled recently by Groupe Renault Chairman and CEO Carlos Ghosn.
In a recent press release, Australia-based integrated lithium miner and refiner Kidman Resources Limited has announced an offtake agreement which the company has signed with US-based electric vehicle (EV) manufacturer Tesla Motors.
German automaker BMW has released a design sketch to tease the concept version of its iNext electric car.
At electric vehicle maker Tesla’s Q1 2018 earnings call, CEO Elon Musk announced that Tesla Motors plans to build its next Gigafactory in China.
The Boring Company promoted by Elon Musk has received an order to setup transport system in Chicago.