Norway leads the world in electric vehicle adoption, with 9 out of ten cars sold being EVs. This achievement is attributed to government incentives and a strong commitment to building charging stations, making electric vehicles a popular choice for consumers. The transition away from combustion cars is nearing completion, thanks to targeted policies that have made electric vehicles an easy and attractive option for Norwegian drivers.
Full Article
UK economy shrank unexpectedly in January
The UK economy unexpectedly shrank by 0.1% in January, attributed to a slowdown in manufacturing, following a 0.4% growth in December. This weak performance may impact government plans to boost economic growth, with the upcoming Spring Statement expected to include spending cuts. Despite some sectors like retail showing growth, overall economic growth remains weak, leading to concerns about vulnerability and possible downward revisions in growth predictions. Full Article
Read more