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Startup Series: Enode
Inevitable
The Legacy of Oil in Norway
9 out of 10 cars sold in Norway right now are EVs. We have very, very high taxes on ICE vehicles and we have no taxes on EV basically. Already at that point, 2018, 19, an EV car was cheaper and better and now it's an O-brainer. Maybe it's trying to get rid of some bad conscious. I don't know. But yeah, it's definitely something that Norway has invested in due to incentives for purchasingEVs. The Norwegian oil fund is larger than the combined wealth of the 10 richest people in the world.
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