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$47.7 Million — The Cash Norwegians Have Put Down For Electric Car Reservations

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Published on November 2nd, 2018 |

by Zachary Shahan

$47.7 Million — The Cash Norwegians Have Put Down For Electric Car Reservations

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November 2nd, 2018 by Zachary Shahan

There’s no secret about it in the electric car world — Norway is the world’s premier country for viewing the electric revolution. As I wrote recently, 60% of new car sales in the country are now plug-in car sales. The country has risen up the tech adoption S-curve and has a far higher number of EV drivers per capita than any other country on earth.

Norwegians are also eagerly waiting for all the hot new electric models, to the tune of 400 million Norwegian kroner (or $47.7 million).

Well, I presume that is a low estimate. I was told by someone at the Norwegian EV association () that no one outside of Tesla really knows how many Norwegian Model 3 reservations are sitting behind tesla.com/teslaaccount. The findings reported in a Norwegian paper put the Model 3 as second in line on the reservation list, behind the Audi e-tron quattro, and I have to say that’s hard to believe.

Other popular electric models Norwegians have put down money to reserve include the Porsche Taycan (formerly called the Mission E), which is a high-end car in the range of the Model S; the Kia Niro Electric, one of the first affordable electric CUVs on the market; the Mercedes-Benz EQC, a fully electric SUV entry from the well known German brand; the Jaguar I-PACE, a CUV/SUV that is helping to lead Jaguar into an electric future even thought it doesn’t quite stack up to the similarly priced Model X in several regards; and the BMW iX3, which is BMW’s coming attempt to finally get back into the electric game.

“Over 30,000 Norwegian kroner are in line to buy one of the new electric cars that are on the way to the market, as many buyers have paid to stand there,” a Google translation of the NRK article about the news states. [Update: That translation has been modified for accuracy. It initially said “Over 30,000 Norwegians are in line” but that was apparently an unfortunate auto translation.]

Again, Tesla’s numbers are an estimate rather than official figures from the automaker, and I have a hard time believing they aren’t much higher.

Learn more about Norway’s EV adoption background if you haven’t done so before.

Top image via Elbilfestival i Geiranger and Norsk Elbilforening (some rights reserved), second image via NRK

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About the Author

Zachary Shahan Zach is tryin' to help society help itself (and other species). He spends most of his time here on CleanTechnica as its director and chief editor. He's also the president of Important Media and the director/founder of EV Obsession and Solar Love. Zach is recognized globally as an electric vehicle, solar energy, and energy storage expert. He has presented about cleantech at conferences in India, the UAE, Ukraine, Poland, Germany, the Netherlands, the USA, and Canada.

Zach has long-term investments in TSLA, FSLR, SPWR, SEDG, & ABB — after years of covering solar and EVs, he simply has a lot of faith in these particular companies and feels like they are good cleantech companies to invest in. But he offers no professional investment advice and would rather not be responsible for you losing money, so don't jump to conclusions.

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Austria to let drivers of electric cars go faster

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2019 Jaguar I-Pace S
Austria is offering would-be electric-car owners (and current ones) a tempting incentive to go tailpipe-emissions-free: permission to drive faster than those with gasoline, diesel, or hybrid vehicles.

Under a recently approved amendment to the country’s speed limits, aimed at rewarding those who choose electric vehicles, they will be given a legal exemption. Owners of EVs will be allowed to go 81 mph (130 km/h), versus 62 mph (100 km/h), in a particular speed region that includes 273 miles (440 km) of roadways.

DON’T MISS: Here's how California's carpool (HOV-lane) stickers work now: updated

Electric vehicles currently comprise 2.5 percent of new-vehicle registrations in Austria; that’s more than Germany, according to Austria’s Federal Ministry of Transport. The Jaguar I-Pace, the first long-range electric vehicle from an established luxury brand, is built in Graz, Austria.

Although the idea would likely result in more shoppers making the leap to fully electric vehicles, it’s not without some concerns—and tradeoffs.

CHECK OUT: Germany, Austria electric-car charging networks improve, fast

Higher speeds and wider speed differentials generally correspond to higher highway fatality rates; and the vehicles themselves won’t be as efficient and will, as a result, contribute to more upstream emissions.

Highway Lights from Drive Change consumer survey

In 1996, an EPA memo cited data finding that just increasing urban interstates from 55 to 65 would produce a net increase in vehicle emissions of 20.7 percent more carbon monoxide and 1.3 percent more nitrogen oxides.

Anecdotally, the efficiency and range of most of the electric vehicles Green Car Reports has driven has been significantly lower at 80 mph than at 60 mph. So electric-car drivers who take advantage of the higher speed limits won't be able to do it for as long.

READ MORE: Teslas will start paying to drive in L.A.'s “Lexus lanes”

Allowing electric vehicles to drive faster on the highway might also put more pressure on DC fast-charging network infrastructure, because they'll need to charge more often.

The new policy, which so far lacks an enforcement strategy, also encourages cities and municipalities to provide free parking to electric vehicles.

The move is in accord with the EU’s 2030 climate targets and the Paris Climate Agreement, with aims to cut Austria’s transport-sector carbon-dioxide emissions by 7.9 million U.S. tons.

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Tag: Tata

$47.7 Million — The Cash Norwegians Have Put Down For Electric Car Reservations

Austria to let drivers of electric cars go faster

Press Release No. 24/2018 – Vehicle registrations in October 2018

Ford in talks to use Bridgend plant to build another company’s new vehicle

Talks over building new car at Ford plant

Ineos mulls building car in Britain in deal which could bolster Ford’s Welsh plant

Ineos to shun Teesside with car plant that would have created hundreds of jobs, reports say

JAGUAR LAND ROVER CONFIRMS TECHNICAL ENGINEERING OFFICE IN HUNGARY

FUTURE JAGUAR AND LAND ROVER VEHICLES WILL HELP CURE MOTION SICKNESS

JAGUAR LAND ROVER REPORTS SECOND QUARTER RESULTS FOR 2018/2019 FINANCIAL YEAR