July 2024 - EVs set a new record in Norway

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July 2024 - EVs set a new record in Norway

July saw plugin EVs take 94.3% share in Norway, up from 89.9% year on year. BEVs alone took almost 92% of the market, close to a record, and PHEVs contributed 2.4%. Overall auto volume was 6,456 units, down 14% YoY. The Volkswagen ID.4 was the month’s best seller.
July’s market results saw combined EVs take 94.3% share in Norway, a new record high, comprising 91.9% full electrics (BEVs), and 2.4% plugin hybrids (PHEVs).

https://pushevs.com/2024/08/03/july-2024-evs-set-a-new-record-in-norway/

[LITUATUI]

Norway did the transition to EVs the right way with carrots and sticks. High taxes on polluting vehicles and none or low taxes on electric vehicles.

Due to the nature of sodium-ion batteries, I see them being highly successful in cold countries like Norway. Looking forward to see BYD put sodium-ion batteries in its electric cars and ship them to Norway.

In Europe we need a consortium of European companies like Airbus to build sodium-ion batteries locally and we need them as early as tomorrow.

Moreover, if governments are really interested in fighting climate change and air pollution, they should push for open-source battery technologies made available to everyone free of charge. Its ROI would be huge, patents greatly slow down the democratization/massification of technologies.

[dtmonterrey]

Completely agree, and I notice the change of your focus from LFP to sodium + open-source battery technologies: this is something that many people ask me "When my BEV gets broken where do I go to have if fixed after the warranty expires?"

[LITUATUI]

True, nowadays products are made to be disposable.

In my opinion products that have energy efficiency ratings, should also have repairability ratings. Therefore, products that are hard to repair would pay higher taxes.

For example, EV batteries that have their cells glued together would be rated poorly and EV batteries with easily swappable cells would have a higher rating.

[dtmonterrey]

Interesting concept!

[dtmonterrey]

For the market to reach the +99% market share there needs to be more BEV options for all the sectors: city, family, leisure, local logistics and medium/long range utility vehicles. Do you agree?

[MaxH72]

Yes, I fully agree - they need to be in all the segments you mention.

We also need more options in affordable segments!