Road fuel demand in Norway has remained relatively stable even with soaring electric vehicle (EV) adoption, raising questions about whether EVs really have a material impact on diesel and gasoline sales. Rystad Energy research and modeling has, however, uncovered the truth behind the persistent sales – electrifying heavy-duty vehicles, especially trucks, is essential to lowering overall fuel consumption. EVs are often positioned as the key to decarbonizing transportation, but the latest data from the Norwegian government suggests otherwise.…
