Electric Cars Rise To Record 54% Market Share In Norway In 2020

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Looking for to turn into the primary nation to finish the sale of petrol and diesel automobiles by 2025, oil-producing Norway exempts totally electrical autos from taxes imposed on these counting on fossil fuels.

New car sales in the country last year were 141,412, of which 76,789 were fully electric.
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New automobile gross sales within the nation final yr have been 141,412, of which 76,789 have been totally electrical.

The sale of electrical automobiles in Norway overtook these powered by petrol, diesel and hybrid engines final yr, with German auto-maker Volkswagen changing Tesla as the highest battery-vehicle producer, new information confirmed on Tuesday. So-called battery electrical autos (BEV) made up 54.3% of all new automobiles bought within the Nordic nation in 2020, a world report, up from 42.4% in 2019 and from a mere 1% of the general market a decade in the past, the Norwegian Highway Federation (OFV) stated.

Additionally Learn: Electrical Automobile Maker Tesla To ship China-Made Mannequin Y SUVs This Month​

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The Audi e-tron sports activities utility and sportsback autos are probably the most bought new passenger automobiles in Norway final yr

Looking for to turn into the primary nation to finish the sale of petrol and diesel automobiles by 2025, oil-producing Norway exempts totally electrical autos from taxes imposed on these counting on fossil fuels.

The coverage has turned the nation’s automobile market right into a laboratory for automakers looking for a path to a future with out inside combustion engines, vaulting new manufacturers and fashions to the highest of bestseller lists in recent times.

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Whereas the sale of BEVs had damaged the 50%-mark in particular person months, 2020 was the primary time that totally electrical automobiles outsold the mixed quantity of fashions containing inside combustion engines for a yr as a complete.

“We’re positively on observe to achieve the 2025 goal,” OFV Chief Govt Oeyvind Thorsen advised a information convention.

BEV gross sales accelerated within the closing months of 2020, hitting its highest stage for any single month in December, with a 66.7% share of the automobile market.

Volkswagen’s Audi model topped the 2020 leaderboard with its e-tron sports activities utility and sportsback autos as probably the most bought new passenger automobiles in Norway final yr, whereas Tesla’s mid-sized Mannequin 3, the 2019 winner, was relegated to second place.

Electrical automobile gross sales are set to proceed to soar in 2021, business analysts and automobile distributors stated, as extra fashions are dropped at the market.

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Tesla’s Mannequin Y is ready to achieve the Norwegian market this yr

“Our preliminary forecast is for electrical automobiles to surpass 65% of the market in 2021,” stated Christina Bu who heads the Norwegian EV Affiliation, an curiosity group. “If we handle that, the aim of promoting solely zero-emission automobiles in 2025 will likely be inside attain.”

Tesla’s mid-sized sports activities utility automobile, the Mannequin Y, is ready to achieve the Norwegian market this yr, as are the primary electrical SUVs from Ford, BMW and Volkswagen.

In contrast, automobiles with diesel-only engines have tumbled from a peak of 75.7% of the general Norwegian market in 2011 to only 8.6% final yr.

New automobile gross sales within the nation final yr have been 141,412, of which 76,789 have been totally electrical.

Whereas the electrical market share will maintain rising, there’s uncertainty round what number of automobiles producers will allocate to Norway as European demand is rising, stated Harald Frigstad, chief govt at Norwegian automobile importer Bertel O. Steen.

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The vendor of Daimler’s Mercedes-Benz in addition to the Kia, Peugeot, Opel, Citroen, DS and Sensible manufacturers, predicted round 70% of its gross sales could be of totally electrical fashions in 2021.

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