Electric vehicles continued their meteoric rise in Norway, capturing a staggering 94.3% of the new car market in August.
This unprecedented achievement surpasses previous records and underscores Norway’s position as a global leader in EV adoption.
The Tesla Model Y, with 2,107 registrations, led the charge, accounting for nearly 20% of all new car sales in August. Other popular models included the Volvo EX30, Skoda Enyaq, and various Volkswagen ID. models.
Norway’s success is attributed to a combination of factors, including generous tax incentives, robust charging infrastructure, and a strong commitment to reducing emissions. The country’s goal of phasing out fossil fuel vehicles by 2025 is well within reach.
The Scandinavian country offers generous tax benefits which make electric models competitively priced.
“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% zero-emission cars by 2025,” he said.
In contrast, the EV market in other European countries has faced challenges due to higher prices and limited infrastructure. While hybrid vehicles have seen increased popularity, they often rely on fossil fuels for extended range, limiting their environmental benefits.