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Norway’s electric car sales set new world record

by Stephanie Irvin
in Real Estate
Norway’s electric car sales set new world record
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Norwegians bought 10,480 new EVs in August, bringing the total to 68,435 since the start of the year

Electric car sales in Norway took a 94-per cent share of the market in August – a new world record – statistics showed on Monday (Se 2), as sales in the rest of Europe stagnate.

Boosted by the Tesla Model Y, which accounted for 18.8 per cent of sales, and to a lesser extent Hyundai’s Kona and Nissan’s Leaf, electric vehicles made up 94.3 per cent of new car registrations, the Norwegian Road Federation (OFV) said.

Norwegians bought 10,480 new EVs in August, bringing the total to 68,435 since the start of the year.

Elsewhere in Europe high prices and insufficient infrastructure have hampered sales of EVs, whereas sales of hybrid models, which combine fossil fuel engines with electric batteries, have increased.

The Scandinavian country, a major oil and gas producer, has set a target to sell only zero-emission vehicles by 2025, 10 years ahead of the EU goal.

The country offers generous tax benefits which make electric models competitively priced.

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“No country in the world comes close to Norway in the electric car race,” OFV director Oyvind Solberg Thorsen said in a statement.

“If this trend continues, we will soon be on our way to achieving our goal of 100 per cent zero-emission cars by 2025,” he said.

By comparison, electric cars represented 12.1 per cent of new car sales in the EU in July, behind petrol cars at 33.4 per cent, full hybrids at 32 per cent and diesel cars at 12.6 per cent, according to the European Automobile Manufacturers Association. AFP

Tags: CarElectricNorwaysRecordSalesSetWorld
Stephanie Irvin

Stephanie Irvin

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