Some rich countries have a strongly imbalanced wealth distribution (USA, Germany). While others have a more balanced distribution (Norway).
Better distribution of wealth allows the average citizenry to invest into (relatively expansive) electric cars, while the average citizens in countries with a strong imbalance can’t afford them. Because the countries wealth is held by fewer people.
This is also a chart of prices of electric vehicles. China is pumping them out cheap.
Norway is an outlier because very cheap energy (from hydropower) plus very low taxes because of income from selling earth minerals (oil). You are right about wealth distribution, but that is not the whole story in this particular case. Other countries with similar wealth distribution do not have similar adoption of electric cars. Not saying Norway isnt doing a good job though, they are a good example for any other country for sure.
This is also a chart of wealth distribution.
Some rich countries have a strongly imbalanced wealth distribution (USA, Germany). While others have a more balanced distribution (Norway).
Better distribution of wealth allows the average citizenry to invest into (relatively expansive) electric cars, while the average citizens in countries with a strong imbalance can’t afford them. Because the countries wealth is held by fewer people.
This is also a chart of prices of electric vehicles. China is pumping them out cheap.
Norway is an outlier because very cheap energy (from hydropower) plus very low taxes because of income from selling earth minerals (oil). You are right about wealth distribution, but that is not the whole story in this particular case. Other countries with similar wealth distribution do not have similar adoption of electric cars. Not saying Norway isnt doing a good job though, they are a good example for any other country for sure.