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Thursday, January 02, 2014

Growing Pains As Norway's Electric Cars Boom

Demand is high for electric cars in Norway, bringing with it growing pains. That's a great trend as it means fossil fuel cars are definitely heading rapidly for extinction—like the dinosaur fuel they burn.

Norway's Electric Cars: Already Too Popular? reports that:

Thanks to supportive government policies and relatively short average commuting distances, Norway has become the friendliest place in the world for plug-in cars.

Now, there may be too many of them on the country's roads. The country is starting to have more electric cars than it can handle, according to Quartz (via Charged EVs).

Two incentives that promote electric cars--the availability of free public charging stations and the ability of electric-car drivers to use bus lanes--have apparently become victims of their own success.

Despite the growth of the country's charging-station network, Norwegians are having trouble finding places to plug in.

While lack of parking is a perennial annoyance for drivers of internal-combustion vehicles, it can be a more serious matter for electric-car drivers, who often rely on a public charge to have enough range to get home.

These problems will pass. Skyrocketing demand produces market opportunities as suppliers of goods and services step up to meet that demand. It's the opposite problem—falling demand, like in the USA for goods and services—which should be worrying.