The video is 1 year old, before Elon Musk got crazier.
Norway boasts the highest electric vehicle adoption rate in the world. 82% of new car sales were EVs in Norway in 2023. In comparison, 7.6% of new car sales were electric in the U.S. last year, according to Kelley Blue Book estimates. The Norwegian government started incentivizing the purchase of EVs back in the 1990s, but it wasn’t until Tesla and other EV models became available about ten years ago that sales really started to take off. Norway’s capital, Oslo, is also electrifying its ferries, buses, semi trucks and even construction equipment. Gas pumps and parking meters are being replaced by chargers. It’s an electric utopia of the future. CNBC flew across the globe to meet with experts, government officials and locals to find out how the Scandinavian country pulled off such a high EV adoption rate.
Here are key timestamps linked to significant moments in the video How Norway Built An EV Utopia While The U.S. Is Struggling To Go Electric:
🚗 Norway’s EV dominance explained: Over 82% of new car sales are electric, setting a global record.
🔋 Hydropower advantage: Cheap and renewable energy fuels Norway’s EV ecosystem.
⚠️ Rise in total cars: Unintended consequence of incentivizing EVs.
🛬 Arrival and first impressions: Oslo’s streets are filled with electric vehicles.
🚘 Top-selling EVs: Tesla Model Y leads followed by VW ID.4 and Skoda Enyaq.
💨 Air quality impact: Reduction in local pollution thanks to EVs.
💰 EV incentives explained: Zero VAT and registration taxes make EVs cheaper than gas cars.
🛣️ Charging infrastructure: Partnerships with companies like Recharge and Tesla.
🏭 Transitioning energy industry: Norway invests in wind energy to shift from oil dependence.
⚡ Charging issues & regulation: Push for universal card payment at chargers.
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