Norway’s electric vehicle market continued its dominance in February, with battery-electric cars accounting for 94.7% of total new car registrations. A total of 8,477 electric vehicles (EVs) were registered out of 8,949 new cars, marking a 21.3% increase from the same month last year, according to data from the Norwegian Road Information Authority (OFV).
The Nissan Ariya emerged as the top-selling model in February with 627 registrations, surpassing the usual frontrunners such as Tesla’s Model Y, which recorded 604 units, and Toyota’s bZ4X with 574.
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Volkswagen’s ID.2 followed closely with 512 registrations, while the VW ID.7 (389), ID.3 (335), and Tesla Model 3 (311) ranked further down the list. New entrants such as the Kia EV3 (287) and Volvo EX30 (261) also made their way into the top ten.
OFV Director Øyvind Solberg Thorsen noted a shift in consumer preferences toward smaller and more affordable EVs, influenced by Norway’s VAT exemption limit for electric vehicles priced under 500,000 Norwegian kroner ($47,000). “Many buyers are aware of this limit and stay just below or close to this amount,” Thorsen said. He also suggested that last year’s “promotional prices” for EVs could become the standard in 2025.
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The rapid electrification of Norway’s car market has significantly reduced demand for internal combustion engine vehicles. Only 472 new non-electric cars were registered in February, including 154 petrol hybrids, 145 diesels, 134 plug-in hybrid petrol vehicles, and just 37 pure petrol cars, which accounted for a mere 0.4% of total sales.