EVs Take 94.9% Share In Norway - Renault 5 First Customer Deliveries - CleanTechnica

In May 2024, plugin electric vehicles (EVs) dominated the Norwegian auto market with a combined market share of 94.9%, up significantly from 82.3% a year earlier. Battery electric vehicles (BEVs) alone accounted for 93.9% of sales, while plugin hybrids (PHEVs) made up just 1.1%. Overall vehicle sales increased 39% year-on-year to 14,260 units. The Tesla Model Y continued its strong performance, securing the top spot for the third consecutive month with 2,344 units sold, representing over 16% of the passenger auto market. Other notable models included the Toyota BZ4X, Volkswagen ID. Buzz, MG4, BYD Sealion, and the Volvo EX90, which entered the top 20 for the first time. The market dynamics in early 2024 have been somewhat erratic due to factors such as manufacturers clearing older non-plugin stock ahead of stricter EU safety regulations and tax changes on non-BEVs, especially PHEVs. This has led to fluctuations in sales patterns, but the market is expected to stabilize with BEVs maintaining a dominant share between 94% and 98%. Newcomers like the Renault 5 have started customer deliveries and showed promising initial sales (59 units), hinting at potential growth. Other new entrants such as the Opel Frontera and Mazda 6e have also appeared, though some models like the Citroen e-C3 and Hyundai Ioniq 5 showed signs of sales plateauing or temporary dips. Overall, Norway’s EV market continues to grow robustly, with BEVs firmly established as the preferred choice among consumers.