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This Nation leads the world in EV
adoption.
According to data, Norway became the first nation in the world where sales
of electric vehicles surpassed those powered by gasoline, diesel, and hybrid
engines last year. Volkswagen, a German automaker, replaced Tesla as the
leading manufacturer of battery-powered vehicles. According to the Norwegian
Road Federation (OFV), battery electric vehicles (BEVs) accounted for 54.3
percent of all new cars sold in the Nordic nation in 2020, setting a new
record. This is an increase from 42.4 percent in 2019 and just 1 percent of the
whole market a decade earlier.
Oil-producing Norway exempts fully electric vehicles from tariffs levied on
those using fossil fuels in an effort to become the first country to abolish
the sale of gasoline and diesel cars by 2025.
Sales of BEVs increased in
the latter quarter of 2020, peaking in December with a 66.7 percent market
share, which was a record for any single month. The most popular new passenger
cars in Norway last year were the e-Tron sports utility and Sportback models
from Volkswagen's Audi brand, which topped the 2020 leaderboard.
Tesla's mid-sized Model 3,
which had won the competition in 2019, was demoted to second place. As
additional models are released onto the market, industry analysts and auto
distributors predict that sales of electric vehicles will continue to surge in
2021.
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