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Friday 6 March 2020

Lessons from Norway’s double-digit EV penetration

What happens when 10 per cent of your vehicles are electric? A huge drop in petro-product sales, for one thing.

One in 10 cars on Norway’s roads is fully electric-powered. And the nation’s fossil fuel dealers are feeling the pinch. In January 2020, 560 million litres of petroleum products were sold – a nearly seven per cent drop from January 2019, according to data from Statistics Norway. By comparison, 2018 saw an overall two per cent drop in fuel sales in Norway.

As Canada’s electric fleet might well grow into the double digits this decade, the changed market could have the same affect here.

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