Business Chief Europe Magazine October 2018 | Page 61

with 30 % of all vehicles sold in the city now being electric . Thanks to these efforts , Oslo has been named the European Green Capital for 2019 by the European Commission .
Norway ’ s renewable energy sector is big business , comprised of approximately 2,000 companies , 50,000 employees , and a revenue of NOK200bn ($ 23.8bn ). Similarly , it is also a frontrunner when it comes to the maritime sector . As the Nordic nation pushes ahead with technological innovation and sustainable thinking , it has continuously made waves in the maritime landscape . In fact , 95 % of the first liquefied natural gas ( LNG ) propelled vessels ever built were Norwegian and , just two years ago , AMPER , the world ’ s first electric car and passenger ferry powered by batteries , also began service in the country . As a result , the country ’ s maritime sector is one of its most important industries , employing more than 110,000 people .
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