“Electric vehicles EVs are pilling up on lots across the country as the green revolution hits a speed bump, data show.” USA Today, November 14, 2023 “Hertz Global Holdings announced Thursday it planned to cut one-third of its global EV fleet over the year. Following the announcement, Hertz CEO Stephen Scherr suggested the road to electrification could be bumpier than anticipated.
Therefore, manufacturing Norway’s 579,000 EVs all the EVs on the road today in Norway requires 35 TWh, equivalent to 25% of the total annual Norwegian electricity demand. Given that China emits 600 grams of CO2 per kWh China is where almost all of Noway’s EV batteries are manufactured, we calculate Norway’s EV fleet would emit 21 mm tonnes of CO2. Norway’s gasoline and diesel consumption fell by a meager 3,200 barrels per day or 50 mm gallons per year.