Norway Leads Global EV Adoption(oilprice.com)
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Norway Leads Global EV Adoption
https://oilprice.com/Energy/Energy-General/Norway-Leads-Global-EV-Adoption.html
9 comments
The differences in regional prices are interesting to me. From a recent article comparing BYD's offerings [1]:
> The BYD Dolphin EV sells for the equivalent of around $16,500 in China, while in Germany, with the same battery pack, it’s over $37,400, or more than double the price. The Seal costs around $30,300 in China, while a similar version currently on sale in Germany is over $48,000. Reuters found Dolphin prices outside China between 39% and 178% higher, while those for the Seal ranged between 30% and 130% higher.
Affordable EVs are here already, though access to them is not evenly distributed.
[1]: https://insideevs.com/news/718036/byd-major-ev-markup-prices...
> The BYD Dolphin EV sells for the equivalent of around $16,500 in China, while in Germany, with the same battery pack, it’s over $37,400, or more than double the price. The Seal costs around $30,300 in China, while a similar version currently on sale in Germany is over $48,000. Reuters found Dolphin prices outside China between 39% and 178% higher, while those for the Seal ranged between 30% and 130% higher.
Affordable EVs are here already, though access to them is not evenly distributed.
[1]: https://insideevs.com/news/718036/byd-major-ev-markup-prices...
What stands out to me is that new EV sales in China are 4 times that of the US.
Well China's population is about 4 times of that of the US. Their BYD brand is extremely popular and the US very much has a number of states full of petrol heads.
As a percentage of all new car sales, not by count. China is lapping us in EV adoption. If it wasn't for Google's endless pockets they'd be lapping us in autonomous driving too.
Norway heavily taxes ICE based automobiles. So this isn't surprising.
This is not news, it's been the case for a long time
China has a higher proportion of EVs.
But EVs would need to drop in price quite significantly for a broader adoption.