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Market
Will Norway ban new internal combustion engine car sales by end of 2025?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Norwegian government official announcements or legislative records
Story
Norway Set to Become First Nation to Fully Transition to EVs Thanks to Clever Policies
Nov 29, 2024, 02:28 AM
Norway is poised to become the first country to fully transition to electric vehicles (EVs), driven by clever policies that make switching to electric an easy choice. The country has implemented targeted incentives that have encouraged widespread adoption of EVs, moving away from combustion cars. Norway's abundant and cheap electricity, with 88% generated from hydroelectric power, further supports the transition. Electricity is so inexpensive that some Norwegians heat their driveways to melt snow.
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