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Norway's electric vehicle market share reached 90.6% in November, with Tesla Model Y taking the lead.

2024-02-27 Update From: SLTechnology News&Howtos shulou NAV: SLTechnology News&Howtos > IT Information >

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Shulou(Shulou.com)12/24 Report--

CTOnews.com, December 5 (Xinhua)-- although Norway has set a record for new car sales in the past two years, sales have dropped significantly this year, according to the latest statistics released by the Norwegian Road Information Authority (OFV). However, as the country with the highest penetration rate of new energy vehicles in the world, Norway's market share of electric vehicles has ushered in further growth.

In November, the total number of new car registrations in Norway was 10348, down 47 per cent from the same period last year. Of these newly registered vehicles, 8442 are pure electric vehicles and 938 plug-in hybrid vehicles are registered.

This shows that 9380 electric vehicles were registered in Norway in November, accounting for 90.6 per cent of the market share. By comparison, the figures for September and October were 87% and 84.2%, respectively.

According to the overall situation from January to November this year, the cumulative number of new cars registered in Norway was 114770, down 14.9% from the same period last year.

In terms of specific model sales, Tesla Model Y became the highest-selling model in Norway with 1496 registrations in November. This was followed by Skoda Enyaq and Toyota bZ4X, with 565 and 564 registrations respectively. Hyundai Kona ranked fourth with 466 vehicles, while Toyota RAV4 ranked fifth with 447.

Notably, only 59 gasoline-powered passenger cars were registered in Norway in November. In the first 11 months of this year, Norwegian gasoline-powered passenger cars sold 1310 vehicles, with a market share of less than 1.1 per cent. According to statistics, the number of gasoline-powered passenger cars in Norway has decreased by 1 million in the past 23 years.

According to CTOnews.com, although Norway is an oil-rich country, it is also the first country in the world to sell more electric vehicles than fossil fuel vehicles in 2020. This achievement is mainly due to incentives such as toll reduction, use of bus lanes and parking concessions. In Norway, the purchase of pure electric cars can be exempted from purchase tax, import tax and value-added tax, and road driving can save at least 50% of tolls.

Norway plans to sell only pure electric vehicles by 2025, which has attracted many Chinese new energy vehicle companies to set up sales outlets in Norway. At present, Chinese brands such as Weilai, Lantu, Xiaopeng, Hongqi and BYD have begun to sell new energy vehicles locally. However, no Chinese car brand has yet entered the top 20 list of Norwegian car sales. As a reference, the country's lowest-selling BMW i4 sold only 62 vehicles in November, meaning that Chinese car companies, led by Weilai, still sell dozens of vehicles in Norway.

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