- Generous incentives are a key reason why EVs are so popular across the country.
- Year-to-date, EVs have captured 87% of Norway’s automotive market.
- The Tesla Model Y leads as Norway’s best-selling EV, with 19% of total sales.
Norway continues to lead the charge in the adoption of electric vehicles, and in August, EVs made up a remarkable 94% of all new cars sold in the country, a new world record.
While many other markets are experiencing slowing growth in EV sales and reporting market penetration in the low single-digits or just above 10%, Norwegians are buying EVs in record numbers. In August, 10,480 were registered across the country and this year, some 68,435 EVs have been sold across the country out of a total of 78,832. That equates to a share of 87%.
Read: EVs Could Outnumber All Gas Cars In Norway This Year
The Tesla Model Y was the best-selling car in the country last month, with 2,107 units sold or 19% of total sales. It was followed by the Volvo EX30 with 932 examples, or 8.4% of the total sales volume. Other popular EVs in Norway include the Skoda Enyaq (720 units), Volkswagen ID.4 (584 units), Toyota bZ4X (526 units), Audi Q4 e-tron (369 units), and the Tesla Model 3 with 367 units sold. Rounding out the top 10 were the VW ID.3, BMW i4, and Nissan Ariya.
“No country in the world is close to the electric car race we are now experiencing in Norway,” director of the nation’s Information Council for Road Traffic, Oyvind Solberg Thorsen said. “Continuing this trend, we are soon in the process of achieving the goal of 100 per cent zero-emission cars in 2025.”
A key reason why EVs are so popular in Norway comes down to incentives. Those buying or leasing an EV are exempt from emissions taxes and VAT. They are also eligible for a minimum 50% reduction in road taxes and tolls, and in some areas, are hit with lower parking fees.
News of this spike in EV sales across Norway comes shortly after it was revealed sales of battery electric vehicles dropped by 10.8% across the European Union in July.
