In Norway, Nearly all New Cars Sold in 2024 were Fully Electric

This photo provided by Toyota shows the Toyota bZ4X SUV Battery-Electric Vehicle. (Toyota via AP)
This photo provided by Toyota shows the Toyota bZ4X SUV Battery-Electric Vehicle. (Toyota via AP)
TT

In Norway, Nearly all New Cars Sold in 2024 were Fully Electric

This photo provided by Toyota shows the Toyota bZ4X SUV Battery-Electric Vehicle. (Toyota via AP)
This photo provided by Toyota shows the Toyota bZ4X SUV Battery-Electric Vehicle. (Toyota via AP)

Nine out of ten new cars sold in Norway last year were powered by battery only, registration data showed on Thursday, placing the country within reach of its target of only adding cars that are electric on the road by 2025, Reuters said.
Fully electric vehicles accounted for 88.9% of new cars sold in 2024, up from 82.4% in 2023, data from the Norwegian Road Federation (OFV) showed. Top-selling brands were Tesla, followed by Volkswagen and Toyota.
"Norway will be the first country in the world to pretty much erase petrol and diesel engine cars from the new car market," said Christina Bu, head of the Norwegian EV association.



SAMA, Google Sign Agreement to Launch Google Pay in Saudi Arabia

SAMA, Google Sign Agreement to Launch Google Pay in Saudi Arabia
TT

SAMA, Google Sign Agreement to Launch Google Pay in Saudi Arabia

SAMA, Google Sign Agreement to Launch Google Pay in Saudi Arabia

The Saudi Central Bank (SAMA) and Google have signed an agreement to introduce Google Pay in Saudi Arabia during 2025 through the national payment system mada, according to a press release from SAMA.
This agreement aligns with SAMA’s ongoing efforts to enhance the Kingdom’s digital payments ecosystem as part of Saudi Vision 2030.

According to SPA, it underscores SAMA’s commitment to developing a robust digital payments infrastructure, facilitating the transition to a less cash-dependent society by offering advanced digital payment solutions that meet international standards.
Google Pay will provide users with an advanced and secure method for making purchases in stores, apps, and on the web. Users will also be able to conveniently add and manage their cards within Google Wallet.
This initiative is part of a broader series of solutions aimed at meeting market demands and strengthening Saudi Arabia’s position as a global leader in FinTech.