Norway has moved closer to eliminating internal combustion engine vehicles from its new car market, achieving penetration levels that position the country on the brink of becoming the first to effectively phase out gasoline and diesel automobiles entirely. The transformation rests on a foundation of financial carrots rather than regulatory sticks.
Players in the U.S. auto market like Massimo Group (NASDAQ: MAMO) can only wish the government had adopted similar supportive policies to…
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