EconomyLens.com
No Result
View All Result
Saturday, August 29, 2026
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Other

Norway’s electric car sales set new world record

Natalie Fisher by Natalie Fisher
September 2, 2024
in Other
Reading Time: 3 mins read
A A
0
34
SHARES
426
VIEWS
Share on FacebookShare on Twitter

Tesla sales are booming in Norway . ©AFP

Oslo (AFP) – Electric car sales in Norway took a 94-percent share of the market in August — a new world record — statistics showed Monday, as sales in the rest of Europe stagnate. Boosted by the Tesla Model Y, which accounted for 18.8 percent of sales, and to a lesser extent Hyundai’s Kona and Nissan’s Leaf, electric vehicles made up 94.3 percent of new car registrations, the Norwegian Road Federation (OFV) said. Norwegians bought 10,480 new EVs in August, bringing the total to 68,435 since the start of the year.

Related

Dollar rallies after Fed chief lifts rate expectations

Fed chair Warsh signals ‘work to do’ on high US inflation

Stocks advance with all eyes on Fed chair’s speech

All eyes on Warsh as Fed chair kicks off key central banking meeting

Germany could miss climate goal in 2026 for first time: think tank

Elsewhere in Europe, high prices and insufficient infrastructure have hampered sales of EVs, whereas sales of hybrid models, which combine fossil fuel engines with electric batteries, have increased. The Scandinavian country, a major oil and gas producer, has set a target to sell only zero-emission vehicles by 2025, 10 years ahead of the EU goal. The country offers generous tax benefits which make electric models competitively priced.

“No country in the world comes close to Norway in the electric car race,” OFV director Oyvind Solberg Thorsen said in a statement. “If this trend continues, we will soon be on our way to achieving our goal of 100 percent zero-emission cars by 2025,” he said.

By comparison, electric cars represented 12.1 percent of new car sales in the EU in July, behind petrol cars at 33.4 percent, full hybrids at 32 percent, and diesel cars at 12.6 percent, according to the European Automobile Manufacturers Association.

© 2024 AFP

Tags: electric vehiclesnorwaysustainability
Share14Tweet9Share2Pin3Send
Previous Post

NGO reports ‘human rights disaster’ at Uganda oil project

Next Post

Africa faces disproportionate burden from climate change: UN

Natalie Fisher

Natalie Fisher

Related Posts

Other

Most stocks rise as attention turns to Warsh speech

August 28, 2026
Other

Anger in Austria over business park on former Nazi camp site

August 29, 2026
Other

Cancer fears stalk Kosovo’s coal heartland

August 28, 2026
Other

‘End of an era’: Players lament decline of the disc at Gamescom

August 29, 2026
Other

US to push economic pressure on Iran at G20 finance talks

August 27, 2026
Other

Nvidia boosts tech stocks but caution dominates ahead of Fed speech

August 27, 2026
Next Post

Africa faces disproportionate burden from climate change: UN

Stock markets wobble on China woes

Oasis fans' fury sparks UK govt review of dynamic pricing

Volkswagen mulls plant closures and job cuts in Germany

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
0 Comments
Oldest
Newest Most Voted
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

New York ruling deals Trump business a major blow

103

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

Trump announces deal for huge US stake in Venezuelan oil reserves

August 29, 2026

Dollar rallies after Fed chief lifts rate expectations

August 29, 2026

Fed chair Warsh signals ‘work to do’ on high US inflation

August 28, 2026

Meta’s teen safety deal runs into an unsolved problem: proving age

August 28, 2026
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Your Privacy Choices

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2026 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.