(Norway) New Record: Almost 100% EV Registrations in November
8 days ago
- #EV Market
- #Tesla
- #Norway
- Norway set a new record in November with 19,427 electric vehicles (EVs) registered, accounting for 97.6% of all new passenger car registrations.
- Total new car registrations in November reached 19,899, marking one of the strongest sales months in Norwegian history.
- Key factors driving this surge include anticipated tax changes, attractive discounts, improved availability of affordable EVs, and economic recovery.
- Tesla dominated the market with a 31.2% share, registering 6,215 new vehicles in November and surpassing its own annual record.
- Other top brands include Volkswagen, Volvo, and BMW, all showing solid growth in Norway's predominantly EV market.
- Chinese brands like BYD, MG, and XPeng are gaining traction, particularly in the mid-size SUV segment.
- The Tesla Model Y led model registrations, followed closely by the Model 3, with other models like Volvo EX40 and VW ID.4 in close competition.