Norway Leads the World in Electric Vehicle Adoption

Cleantech Investing

Charged reports that a new IHS Automotive report comparing electric vehicle uptake in eight of the world’s most advanced economies found huge differences across markets. Currently, Norway is leading the pack for electric vehicle adoption.

Charged reports that a new IHS Automotive report comparing electric vehicle uptake in eight of the world’s most advanced economies found huge differences across markets. Currently, Norway is leading the pack for electric vehicle adoption.
According to the article:

Most (but not all) of the wealthy countries offer various packages of incentives to promote plug-in purchases, and other studies have found that such incentives are generally effective.
Predictably, Norway takes the top spot in IHS’s most recent ranking. EVs and PHEVs represented a third of all new vehicles registered there during the first quarter of 2015, a 41-percent increase from the same period in 2014.
[…] In terms of absolute volume, the US and China recorded the highest number of new registrations, with around 15,000 in the US, and 13,000 in China. However, these are comparatively small numbers in the world’s largest and second-largest auto markets: 0.8 percent in the US and 0.3 percent in China.

Click here to read the full article on Charged.
 
 

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