Norway's Electric Car Revolution: From EV-Only Parking Garages to World Dominance

1 min read
Source: CNBC
Norway's Electric Car Revolution: From EV-Only Parking Garages to World Dominance
Photo: CNBC
TL;DR

Norway has seen massive success with electric vehicle adoption, with 82% of new cars sold in 2023 being electric, thanks to generous subsidies and investment in charging infrastructure. Tesla's early foothold in the country has made it a pivotal proving ground for the company, with about 20% of all vehicles sold in Norway last year being Teslas. However, with increasing competition from other EV automakers, it remains to be seen if Tesla will continue to dominate the Norwegian market.

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