Today’s Solutions: May 08, 2024

The EV revolution is blossoming and Norway is here to prove it. In a symbolic first, electric cars outsold fossil fuel-powered ones in the Scandinavian country last month. The country set a record in March when 58.4 percent of new cars sold in the country were battery-powered. To achieve such results, Norway, a wealthy European nation of 5.3 million, has provided big incentives to boost electric car sales. It waived hefty vehicle import duties and registration and sales taxes for buyers of electric cars to boost sales. Not to mention that EV owners don’t have to pay road tolls and are allowed to use bus lanes in congested city centers.

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