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Norway Nears Historic Phase-Out of Gas Cars, Setting Global EV Benchmark

Norway moves closer to eliminating internal combustion engine vehicles, achieving record EV penetration with financial incentives. Learn how this impacts global auto markets and climate goals.

Norway's success in nearly eliminating internal combustion engine vehicles from new car sales demonstrates that aggressive climate targets in transportation are achievable with the right policy mix, primarily through incentives rather than bans. This matters because it provides a proven blueprint for other countries aiming to reduce carbon emissions and air pollution, potentially accelerating global EV adoption. For consumers, it signals a future where electric vehicles become the norm, offering lower operating costs and environmental benefits, while for automakers and investors, it highlights the growing market demand and regulatory trends shaping the industry's transition away from fossil fuels.