Norway’s Electric Vehicle (EV) market continues to grow despite a slight decline in April. According to recent data, EV sales increased minimally but still lagged behind the March result. Nevertheless, the best-selling EV model in Norway remains the Tesla Model Y, although with a notable decline in sales.
In April, Norway recorded a total of 7,471 new EVs, which is a significant decline from March’s 16,800 units. However, this figure marks a 3.6% increase compared to the same month last year, with 264 more EVs sold. EVs accounted for 83.3% of all new car sales, compared to 74.1% in April 2022. Meanwhile, plug-in hybrid sales decreased by 28.4%, with 703 units sold.
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In April, Norway’s total market for passenger cars decreased by 7.7%, with 8,976 new vehicles registered. This decline is not unusual for the first month of a new quarter in an import-only market. However, the EV market share in April was significantly higher than that of internal combustion engines, which only accounted for a 3% market share.
Among the EV models, the Tesla Model Y remains the most popular, with 920 registrations in April. Although the Model Y topped the charts for the third consecutive month, it still saw a sharp decline from March’s 7,445 registrations. The VW ID.4 came in second, with 602 registrations, followed by the Volvo XC40, the Skoda Enyaq, and the VW ID.3. The Audi Q4 e-tron and the Nissan Leaf both had over 300 sales.
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Looking at the year so far, the Tesla Model Y dominates the market with 9,634 registrations, accounting for 25.6% of all new registrations. The ID.4 and Toyota bZ4X are in a tight race for second place, with 1,974 and 1,972 registrations, respectively. In April, the ID.4 won the race, edging out the bZ4X with 235 more registrations.
In conclusion, Norway’s EV market continues to grow, albeit with minor fluctuations. The Tesla Model Y remains the top-selling EV in the country, but other models are quickly gaining ground. With a significantly higher market share than internal combustion engines, it’s clear that the future of the automotive industry in Norway is electric.
