Sunday, 21 July 2024

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As Norway approaches EV milestone, drivers in Ireland fall prey to ‘misinformation’

As Norway approaches EV milestone, drivers in Ireland fall prey to 'misinformation'

The EV winter is continuing to take a grip on the global car market, as high prices and poor infrastructure continue to put off the next wave of electric customers. Norway though, doesn’t appear to have gotten the message.

The wealthy Scandinavian country is close to cracking a major milestone in EV uptake as electric-powered cars come for the mantle of petrol engines and new car registrations overwhelmingly favor EVs.

But in EV laggard zones like Ireland, falling sales suggest a turning point in sentiment toward the cars, which has even led to the spread of misinformation among skeptical drivers.

Norway winning EV battle

After a wave of incentives to encourage drivers to make the shift, it is possible that the number of EVs on Norway’s roads could exceed the number of gas cars by the end of this year, making it the first country to make the transition, according to analysis from Reuters.

There were 689,000 electric-powered private cars registered on Norwegian roads in 2023, compared with 761,000 petrol cars, according to data from Statistics Norway. 

There are more than 1.07 million diesel-powered cars in Norway, as well as 362,000 hybrid cars.

But momentum continues to shift toward electric cars, despite a global slowdown casting gloom on major EV makers like Tesla. 

Nine out of 10 cars sold at the start of the year in Norway were battery electric vehicles (BEVs), Clean Technica reported.

Norway’s impending milestone is an inspiring success story for EV acolytes, but it’s the result of a generous strategy that won’t easily be replicated in other European countries.

The country has been able to leverage some of its $1.6 trillion sovereign wealth fund to provide generous tax breaks to drivers while also beefing up its electric infrastructure.

These have included the removal of import tariffs on EVs and an exemption on Norway’s 25% VAT charge, as well as subsidies on toll road charges.

Norway also set up incentives for homeowners and developers to build charging infrastructure on their property, adding to the vast rollout of infrastructure across the country.

Ireland joins the EV winter

Where Norway is a shining example of EV uptake, Ireland is becoming the latest example of how easy it has become for countries to fall behind on their lofty transition targets. 

Sales of EVs in the country declined 14.2% in the first quarter of 2024, even as total car sales in Ireland jumped 8% overall. Hybrid…

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