Norway Vehicle Electrification Study: Table of contents

1. Introduction

2. The global challenges of electrification

A. What is electrification?

B. Market drivers and inhibitors

C. Understanding supply chain and battery metal challenges

D. The outlook for EV batteries

E. The medium to long-term EV outlook

F. Understanding the different EV charging options

3. The state of the Norwegian EV market

A. Putting Norway on the map

B. Norway’s position as a major energy supplier

C. Key traits of the Norwegian transport market, including taxation and road tolling

D. Electrification of transport as a tool to reduce climate emissions

E. Norway’s transport electrification targets and results, and in comparison with other countries

F. To support decarbonisation, Norway has also stimulated the adoption of hybrid cars

G. Norway’s EV purchase and usage benefits

H. The direct and implicit cost of Norway’s support for EVs

I. Norway’s superior EV charging infrastructure

J. Understanding consumers’ car purchasing preferences

K. The role of fuel price and fuel efficiency in the EV TCO analysis

L. Forecast until 2030 for the electrification of different vehicle categories

M.Forecast for road traffic until 2030

N. Overview of the EV public charging market
✓ Market size and key players
✓ Understanding consumers’ experience withEV public charging and driving range
✓ National government’s limited subsidies forEV public charging infrastructure
✓ The economics of public charging
✓ The effect of Tesla opening its charging network
✓ Comparison of Tesla and IONITY, including assessing the future of IONITY

O. The EV success has helped stimulate many industrialisation initiatives and start-ups

4. Norway’s electrification success stories

A. Ensure stable and broad political support

B. Fix home charging first

C. Carefully support public charging network

D. Keep purchase benefits until 2027

E. Change the purchase benefits away from subsidies to taxation

F. Include usage benefits

G. Introduce special EV license plates

5. Pitfalls to avoid

A. Ensure sufficient cheap renewable electricity

B. Stop supporting hybrids now

C. Balance electrification with other public policy goals

D. Ensure careful fine-tuning of incentives

E. Force the automotive OEMs and dealers to provide realistic EV range and battery charging information

F. Ensure sufficient regulation of the public charging market

6. Conclusions & recommendations

A. Governments and regulators

B. Automotive OEMs

C. EV charging operators