After a slowdown last year, electric vehicle sales in Europe are powering ahead. But adoption is uneven, and lingering consumer doubts over batteries and costs threaten to slow the charge.

After a slowdown last year, electric vehicle sales in Europe are powering ahead. But adoption is uneven, and lingering consumer doubts over batteries and costs threaten to slow the charge.

The fund’s $1.8 trillion of assets generate far more income for the Nordic country’s 5.5 million population than its oil and ...