Norway is leading the world's electric vehicle market, having registered its 50,000th electric car in April of this year. In the first quarter of 2015, 8,112 plug-in electric (EV) and plug-in hybrid electric (PHEV) vehicles were sold in Norway, accounting for a third of the country's total vehicle registrations, according to IHS Automotive.

While 14,832 electric vehicles were registered in the United States in Q1 of 2015, that number represents only 0.8% of all the vehicles registered in the U.S., compared to Norway's 33.1%.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Jayleen R. Heft

Jayleen Heft is the digital content editor for PropertyCasualty360.com. Contact her at [email protected].