Volkswagen will only sell electric vehicles in this country from 2024
Volkswagen has decided to only sell electric vehicles in Norway from 2024.
Volkswagen has decided to only sell electric cars in Norway from 2024. Norway is the leading country in the world when it comes to electric vehicle adoption. As early as 2021, around 64.5 percent of all cars sold in the Scandinavian country were fully electric. Now Volkswagen wants to enter the segment in order to capture a part of the global electric vehicle market.
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Volkswagen is currently the second largest electric car brand in the world, right next to Tesla. The German car major is aiming for the top spot in the coming years. The strategy of only selling electric cars in Norway is part of this strategy.
Norwegian publisher Postsen has written about the strategy that Volkswagen will stop selling petrol, diesel and hybrid cars in Norway on January 1, 2024. Director Ulf Tore Hekneby of Volkswagen importer Harald A. Møller will announce an event in Arendalsuka Thursday, the report further claimed.
In the last decade Norway has invested heavily in renewable energy and charging infrastructure for electric vehicles. In order to encourage electric mobility in the country, the Norwegian government offers a variety of incentives for electric vehicles. These include VAT exemptions and the ability to drive in the bus and taxi lanes. In general, it is much cheaper to buy a fully electric car in Norway than a petrol, hybrid or diesel vehicle.
In the first half of 2022, the best-selling electric vehicle in Norway was the Tesla Model Y. It was closely followed by the Volkswagen ID.4 and the Skoda Enyaq. Other major electric cars sold in the country are the Tesla Model 3, BMW i4, Volkswagen ID.3, etc.
Initial Release Date: Aug. 22, 2022 2:32 p.m. IST