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Message   VRSS    All   Norway Reached 96.9% Market Share For EVs In June   July 3, 2025
 8:40 PM  

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Title: Norway Reached 96.9% Market Share For EVs In June

Link: https://tech.slashdot.org/story/25/07/03/2341...

Electric vehicles claimed a dominant 96.9% market share in Norway in June
2025, with the Tesla Model Y alone accounting for over 27% of all new car
registrations. Mobility Portal Europe reports: According to the Norwegian
Public Roads Administration (OFV), 17,799 new electric cars were registered
in Norway in June out of a total of 18,376 new registrations. In this
context, electric vehicles (EVs) held a market share of 96.9%. Compared to
June 2024 -- when EVs made up 80% of all new registrations -- this technology
increased by 3,790 units. In addition, in May 2025, Norway recorded 4,415 new
EV registrations. Last month, only 577 new registrations were for vehicles
without fully electric drive systems. Among these were 152 plug-in hybrids
(an 83.7% drop compared to June 2024) and 223 other types of hybrids (an
89.1% decline). Over the year, hybrids lost market share, falling from 17% to
2%. Pure combustion engines also further reduced their market presence: 142
new diesel vehicles represented 0.8% of the market share, down from 2% a year
earlier, and 57 new petrol vehicles made up 0.3% of the market, compared to
1% in June 2024. "Several campaigns with 0% or very low interest rates on new
car purchases significantly boosted sales. The first interest rate cut by
Norges Bank helped ensure that many people bought their dream car," said
Oyvind Solberg Thorsen, Director of OFV. "It remained to be seen whether
Tesla could maintain its strong position, and for how long."

Read more of this story at Slashdot.

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