Tesla to accelerate its market entry in Iceland, says Elon Musk
Now Elon Musk says that Tesla will expedite its entry into the market. Iceland is perfect for massive adoption of electric vehicles. The island’s electricity generation is already almost 100% renewable, which makes electric vehicles super clean, and being a remote island, petrol is expensive. Albeit being sparsely populated with only 350,000 people, there’s a significant concentration of population around Reykjavík and people have relatively short commutes that can be covered with most electric vehicles. It helped the country increase EV sales over the last few years and while we are only talking about a few thousand plug-in sales last year, it represents over 15% of total cars sales in the country, which is higher than in most other markets around the world.
- Electrek -