Chinese Firms Make Further Inroads Into Norway's EV Market

(MENAFN- Investor Brand Network) Locked out of the North American vehicle market, Chinese electric vehicle firms are increasingly focusing their efforts on Norway, currently one of the largest and fastest-expanding EV markets in Europe. EVs represented 98.8% of new vehicle registrations across the Nordic nation in October, reaching 15,536 new units by the end of the month.

The policy regime in Norway has undoubtedly helped to bring those impressive EV sales figures into reality, and North American firms like Massimo Group (NASDAQ: MAMO) will be left wondering when...

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