Financial News

Norway Now Has More EVs Than ICE Vehicles

Battery electric vehicles (BEVs) in Norway, one of the largest oil exporters on the globe, now outnumber internal combustion engine (ICE) cars. Norway has been at the forefront of the globe’s electrification efforts for the past several years and has now achieved a feat that will most likely take larger markets, such as the United States, decades to achieve.

Recent data from the Norwegian Road Federation shows that 754,303 of the 2.8 million private vehicles registered in Norway are fully electric while…

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