Norway Leads Global Shift as Electric Cars Dominate New Sales
Nearly 89% of new cars sold in Norway in 2024 were fully electric, solidifying its position as the global leader in EV adoption.
- Electric vehicles accounted for 88.9% of new car sales in Norway in 2024, up from 82.4% in 2023, with plug-in hybrids adding another 2.7%.
- Norway is on track to meet its 2025 target of eliminating petrol and diesel cars from the new car market, despite the goal being non-binding.
- Tesla remained the top-selling EV brand in Norway, followed by Volkswagen, Toyota, and Volvo, while Chinese EV manufacturers like BYD and Xpeng gained market share, reaching nearly 9%.
- Government incentives, including tax breaks and toll exemptions, have played a critical role in driving EV adoption, though some incentives have been scaled back in recent years.
- Norway's EV success contrasts with other markets like Germany, where reduced subsidies have caused a decline in EV sales, underscoring the importance of sustained policy support.