There was a recent documentary on this subject on CNBC, but they left out some very key points:
- Norway has the 4th highest GDP per capita in the world, per citizen they are richer than the U.S., so can afford the subsidies for electric cars.
- They have achieved this by exporting oil to the rest of the world who burn it, so they’re not exactly clean.
- The most popular electric car in Norway is the Tesla, which was developed by U.S.-based engineers and capital, subsidized by U.S. tax credits and low-interest rates via Quantitative Easing, confiscating the purchasing power of the average U.S. citizen.
- It is a much smaller country than the U.S. rolling out charging infrastructure is much cheaper, and range of a concern.