In 2024, Sweden experienced a decline in electric car registrations, dropping by 15.9% compared to the previous year, from 112,179 to 94,333 units. However, electric vehicles (EVs) continued to lead the market, securing the highest share of new registrations at 35.0%, though this was down from 38.7% in 2023. The overall Swedish car market saw a general contraction, with total new registrations across all drive types falling by 7% to 269,582 vehicles.
Despite the dip in EV numbers, plug-in hybrids saw a 3.4% increase in registrations, totaling 63,113 units and holding a market share of 23.4%. As a result, 58.4% of all newly registered cars in Sweden in 2024 were plug-in hybrids or fully electric, maintaining strong growth in the electrification of Sweden’s vehicle fleet.
However, the decline in EV registrations marked a setback in the country’s efforts to reduce car emissions, with average CO2 emissions from new cars rising by 3 grams per kilometer to 64 grams. Mobility Sweden expects a slight improvement in emissions for 2025.
Battery-electric vehicles continued to dominate, representing 35.0% of new registrations, with the Tesla Model Y leading the pack with 18,293 new units. The Model Y was followed by the Volvo XC60, which registered 14,992 new cars. Other popular electric models included the Volvo EX30, which saw a dramatic rise in registrations, reaching 7,100 units, up from just 81 in 2023. Meanwhile, the VW ID.4 experienced a significant drop in sales, with a 54.7% decrease compared to the previous year.
The Swedish automotive industry is calling on the government to introduce new incentives to drive the growth of electric cars again in 2025. Mattias Bergman, CEO of Mobility Sweden, emphasized the need for a reduction in the electricity tax for charging EVs and additional incentives to foster demand for fossil-free transport, including electrifying heavy vehicles, to maintain momentum in Sweden’s transition to cleaner vehicles.
