Norway boasts the very best electrical automobile adoption fee on the planet. Some 82% of recent automotive gross sales had been EVs in Norway in 2023, in keeping with the Norwegian Highway Federation (OFV). Compared, 7.6% of recent automotive gross sales had been electrical within the U.S. final 12 months, in keeping with Kelley Blue Ebook estimates. On the planet’s largest auto market, China, 24% of recent automotive gross sales had been EVs in 2023, in keeping with the China Passenger Automotive Affiliation.

 “Our objective is that every one new vehicles by 2025 might be zero-emission automobiles,” mentioned Ragnhild Syrstad, the state secretary of the Norwegian Ministry of Local weather and Surroundings, “We expect we will attain that objective.”

The Norwegian authorities began incentivizing the acquisition of EVs again within the Nineties with free parking, the usage of bus lanes, no tolls and most significantly, no taxes on zero-emission automobiles. But it surely wasn’t till Tesla and different EV fashions grew to become accessible about 10 years in the past that gross sales began to take off, Syrstad mentioned.

Norway’s capital, Oslo, can be electrifying its ferries, buses, semi vehicles and even building tools. Fuel pumps and parking meters are being changed by chargers. It is an electrical utopia of the longer term. Norway’s grid has been in a position to deal with the inflow of EVs up to now due to its abundance of hydropower.

“Electrical vehicles are perhaps a 3rd of the worth of gasoline as a result of we now have near 100% hydropower. It is low cost. It is accessible and renewable. In order that’s an enormous benefit,” mentioned Petter Haugneland, the assistant secretary normal of the Norwegian EV Affiliation.

CNBC flew throughout the globe to fulfill with consultants, authorities officers and locals to learn how the Scandinavian nation pulled off such a excessive EV adoption fee.

Watch the documentary for the total story.