Norway’s consumption of gasoline and diesel fuel is starting to decline. The reason? As record numbers of drivers switch to electric vehicles, many gas stations are either closing or changing their pumps to electric charge stations.
This comes as no surprise, as Norway possesses the largest fleet of plug-in electric cars per capita in the world – a ratio of one per 100 passenger cars. This ratio is bound to increase in the coming years, considering that over 50% of the new car sales in Norway are electric cars or hybrids nowadays.
With the distribution starting to lean toward electric cars, gas station owners are forced to adapt to the current market trends and offer charging units for the ever-expanding electric car fleets in Norway.
Will energy and oil companies start leaning more toward renewable energy around the globe? It seems some are already starting with some tame initiatives. Companies, such as Shell, BP, or Chevron, are already starting to partner with electric car charging networks or even including charging spots in their own stations.