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Norway Nears All‑Electric Goal With 96% EV Sales in 2025 as BYD Overtakes Tesla Worldwide

A last‑minute cut to Norway’s VAT exemption steered buyers to register vehicles before year‑end.

Overview

  • Official OFV data show 179,549 new cars registered in 2025, with 95.9% fully electric for the year and 97.6% in December.
  • Electric cars now slightly outnumber diesels on Norwegian roads, reaching 31.78% of the fleet versus 31.76% for diesel vehicles.
  • Tesla led Norway with a 19.1% market share and a record 34,285 registrations, even as its registrations plunged in France and Sweden.
  • Automakers redirected inventory into Norway to beat the January 1 VAT threshold cut from 500,000 to 300,000 kroner, according to Ford Norway’s chief.
  • BYD reported 2.26 million EV sales in 2025 versus Tesla’s 1.64 million, marking Tesla’s second straight annual decline, while Chinese brands lifted their share of Norway’s market to 13.7%.