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Norway shows the way with electric cars, but at what cost?

2013-03-13 15:20:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Norway's buzzing little market for pure electric cars has in its very success shown the severe drawbacks to a model that relies on public subsidies worth as much as $8,200 per car, every year. Car makers like Nissan, Mitsubishi, Peugeot Citroen and Tesla Motors see Norway and its 10,000 battery-powered vehicles as a reason for optimism in otherwise gloomy terrain. Pure electric cars made up 3.0 percent of February car sales in Norway, with a population of 5 million, compared to fractions of...

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Category:Electronics and Electrical

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