Smart Mobility Exporter Resource Guide | Page 113

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The Nordics

than half of new passenger vehicles sold were EVs. In December 2020, 87% of new cars sold in were rechargeable and two-thirds all-electric, with Tesla Model 3 being the most sold model.

Taken together, Nordic countries have a ratio of electric cars per capita among the highest globally and the Nordic countries are set to become the third-largest electric car market by sales volume in the world, after China and United States. It is estimated that in 2030 there will be four million electric cars in this region with Norway and Sweden leading this growth. Finland is lacking behind due to low amount of incentives from the government side to encourage the use of electric vehicles.

Charging infrastructure: In the future, additional publicly accessible charging infrastructure will be needed as electric car adoption reaches all car owner categories, including those living in dense urban centers in apartment buildings with no private charging options. It is expected that if the Nordic region as a whole advanced its EVSE (electric vehicle supply equipment) deployment such that each country converged to a ratio of one charger for ten electric cars, more than 380,000 chargers would be installed over the next 10 years.

As for passenger centricity, a platform economy approach will enable passengers to travel on the same ticket or subscription, whether they travel by bus, bike, electric scooter, or taxi. Newer and more integrated ticketing systems will enable a pay-as-you-go system, as opposed to the subscription-type model of many public transport systems today.

Electrical vehicles: Countries in the Nordic region have always been pioneers and leaders in Electric Vehicle (EV) adoption and the stock of Electric Vehicles has been expanding steadily since 2010. Despite an uneven penetration of electric cars across each of the Nordic countries, the Nordic region as a whole is at the forefront of the global growth of electric mobility.

Norway has long been the world EV leader. Thanks to long-standing and ambitious policies and incentives, Norway reached an EV milestone in 2020, where more