Norway Sees 7,893 New Electric Car Registrations in May, BEV Market Share at 80.8%

Volvo EX30. (Credit: Volvo)

In May, Norway saw a slight decline in new electric car registrations, totaling 7,893 vehicles, a decrease of 2,158 from April and 2,880 from the same period last year. Despite this, the Volvo EX30 maintained its status as the best-selling model in the country.

The market share of battery electric vehicles (BEVs) fell from 80.8% to 77.0% compared to May 2023, when the figure was 89.4%. This decline is reflective of the overall Norwegian market, which experienced a 23.2% decrease in new registrations across all drive types compared to the previous year.

Volvo EX30. (Credit: Volvo)

In May, 23% of all new registrations in Norway, or 2,360 vehicles, featured a combustion engine. Plug-in hybrids (PHEVs) saw a significant decline of 50.2%, with only 544 units registered, resulting in a market share of 5.3%. Full hybrids, on the other hand, saw a 20% increase with 1,250 units registered.

The Volvo EX30 led the model rankings with 791 new registrations, followed by the VW ID.4 (741) and the Tesla Model Y (690). Toyota also performed well, with the Toyota Yaris and the hybrid SUV RAV4 making it into the top ten models for May.

Volkswagen ID.4. (Credit: Volkswagen)

In year-to-date registrations, the Model Y leads with 6,095 units, followed by the Volvo EX30 (2,695) and the VW ID.4 (2,651). These figures reflect a changing landscape compared to the same period last year, indicating shifting consumer preferences in Norway’s electric vehicle market.

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