More good news from EV mecca Norway, with November numbers showing more than 10,000 EVs were newly registered, bringing its tally to a truly impressive 93.6% of all new car registrations, showing that its EV transition is almost complete.
November saw 10,940 new EV registrations, with EVs pretty much on par with October’s numbers (10,862), but significantly higher than November last year, which saw 8,442 new EVs registered in the country, according to a press release from the Norwegian Road Federation.
Of the 11,689 new cars (across all drive types) registered last month, 749 new registrations were non-BEVs, including 154 plug-in hybrids, holding a market share of 1.3%. So looking at it this way, nearly 95% of all new cars had a charging connection.
As usual, Tesla’s Model Y takes the top spot in Norway, with 14,926 new registrations after 11 months, accounting for 13% of all new registrations. Second place goes to, at least for now, the Volvo EX30 with 6,623 units, followed by the ID.4 (6,544) and Tesla Model 3 (6,197).
Norway has enjoyed the highest level of EV market share of any country, with the Norwegian government planning to ban all ICE new vehicle sales from 2025 onward, the earliest of any country. Oslo, the capital with a population of 700,000 people, has an electric vehicle penetration rate of 40%.
As Electrek’s Jameson Dow reported, the country even managed to essentially meet that 2025 aspiration early, with non-electrified vehicles only making up a single-digit percentage of sales in the country as early as 2021. This September also marked the date when the country saw more electric cars on its roads than petrol-only vehicles, according to an analysis of Norwegian government data.
Of course, this hasn’t happened by some happy accident. Norwegians achieved this goal via generous government incentives. Those of course have been rolled back recently due to the huge growth in EV ownership but also to encourage fewer private cars on the road (even electric ones) in favor of walking, cycling, and public transport. As of last year, the country has implemented a 25% VAT on the purchase price from 500 000 Norwegian Kroner and over, which now includes EVs. The new VAT scheme is dynamic in that the more expensive the electric car, the higher the VAT fee it incurs.
Plus all of those EVs need chargers – and Norway has plenty. According to BNEF, Norway has 29,473 public electric vehicle chargers, and the density of high-speed chargers is 1 per 100 cars, Bloomberg reports.
While Tesla certainly takes a lot of credit for nudging Norway’s EV transition transition, the strides continue thanks to growing number of EVs to choose from in the country, with Chinese automakers Boya, BYD, Hongchi, Xpeng and Nio opening tores in Oslo. Volkswagen, Hyundai Motor, Peugeot, Opel, and Fiat, which used to sell ICE vehicles, only sell electric vehicles. Only Toyota sells hybrid cars with electric cars.
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