According to a report released Thursday, Norway is getting closer to its target of having all new cars sold be electric by 2025, with 89 percent of all new cars sold last year being electric. According to a statement from the Norwegian Road Federation (OFV), “just 10% more is needed to meet the 2025 goal.”

Electric vehicles accounted for 114,400 of the 128,691 new car registrations last year, the largest percentage of any major national auto market and an increase from 2023’s 82 percent share. Despite being a significant supplier of gas and oil, Norway plans to have all new automobiles sold have “zero emission” by 2025, ten years before the European Union’s target.

Additionally, they have profited from free parking in public parking lots, toll exemptions, and the use of traffic lanes for public transportation. Electric automobiles are now widely used, even if some tax exemptions and incentives have been eliminated.

In a news statement, OFV director Oyvind Solberg Thorsen stated, “If the government and parliament are to achieve the goal they themselves set, it is crucial to maintain the incentives that favor the purchase of electric cars.” With 19% of the market, Tesla is the top electric vehicle manufacturer in Norway. Volkswagen, Toyota, Volvo, and BMW are next in line.

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