LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LondonWallet
No Result
View All Result

Norway wraps up 2025 with 96% of its new car market fully electric, and Tesla’s sales are surging there

Robert Frost by Robert Frost
January 2, 2026
in Industries
Norway wraps up 2025 with 96% of its new car market fully electric, and Tesla’s sales are surging there
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

[ad_1]

A Tesla car is being charged at a Tesla electrical vehicle charging station in Norheimsund, Norway on August 22, 2025.

Sergei Gapon | Afp | Getty Images

A record-breaking year for electric vehicle (EV) sales in Norway puts the country within touching distance of effectively erasing gasoline and diesel cars from its new car market.

A total of 95.9% of all new cars registered in Norway last year were EVs, according to data published Friday by the Norwegian Road Traffic Information Council (OFV). In December, 98% of new cars were EVs.

The annual figure was up from 88.9% at the end of 2024.

A record of 179,549 new passenger cars were registered in Norway last year, OFV data showed, representing a 40% jump year-on-year and breaking the country’s previous annual record in 2021.

The figures reaffirm the oil-producing country’s position as a global leader in sustainable transportation.

“2025 has been a very special car year. We see the effect of long-term and targeted electric car policy, and how specific tax decisions have immediate effects on the market,” OFV director Geir Inge Stokke said in a statement.

“The final sprint towards the end of the year has been historically strong, and there is no doubt that the VAT change from January 1, 2026 has contributed to a great many choosing to secure a new electric car before the year was over,” he added.

Norway’s Deputy Transport Minister Cecilie Knibe Kroglund told CNBC last year that long-term and consistent policies designed to support the uptake of EVs — rather than imposing measures to ban the use of internal combustion engine vehicles — had been pivotal to the country’s transition.

Nearly a fifth of new cars sold in Norway in 2025 were Teslas

Elon Musk’s Tesla cemented its position as the top-selling car brand in Norway for a fifth consecutive year.

The U.S.-based EV-maker found solace in Norway through 2025, despite a sustained slump in several other key European markets during the year.

A total of 34,285 new passenger Tesla cars were registered in Norway last year, which means that almost one out of every five new cars in Norway was a Tesla. It’s a 41% year-on-year increase on the 24,259 new Teslas registered in the country in 2024.

Bucking the trend? Tesla's Norway sales skyrocket

Tesla’s Model Y was especially popular, with 27,621 first-time registrations nationwide, OFV data showed.

“Taking almost 20 percent market share in a year with record-high new car sales is in itself remarkable,” Stokke said. “When a brand also achieves such volumes with so few models, it says a lot about both demand and Tesla’s impact in the Norwegian market.”

Also on Friday, Tesla revealed it had delivered 418,227 cars in the fourth quarter of 2025, 16% lower than the fourth quarter of 2024, when Musk’s EV company reported 495,570 deliveries.

[ad_2]

Source link

You might also like

Sends shares Q1 2026 business update and product progress

BP flags ‘exceptional’ oil trading performance as Iran war chokes supply

Why the economy could be spared 2022-style inflation despite high oil prices

Share30Tweet19
Previous Post

Will he stay or will he go? Powell is not saying whether he’ll stay on Fed board when chair term ends

Next Post

Volkswagen shows off the ID. Polo EV interior for the first time before its big debut [Video]

Robert Frost

Robert Frost

Recommended For You

Sends shares Q1 2026 business update and product progress
Industries

Sends shares Q1 2026 business update and product progress

April 14, 2026
BP flags ‘exceptional’ oil trading performance as Iran war chokes supply
Industries

BP flags ‘exceptional’ oil trading performance as Iran war chokes supply

April 14, 2026
Why the economy could be spared 2022-style inflation despite high oil prices
Industries

Why the economy could be spared 2022-style inflation despite high oil prices

April 14, 2026
Europe cheers Orbán defeat as a bloody nose for the Kremlin – but Hungary’s future remains contested
Industries

Europe cheers Orbán defeat as a bloody nose for the Kremlin – but Hungary’s future remains contested

April 13, 2026
Next Post
Volkswagen shows off the ID. Polo EV interior for the first time before its big debut [Video]

Volkswagen shows off the ID. Polo EV interior for the first time before its big debut [Video]

Related News

Buy the bitcoin pullback as crypto will have more time to shine later this year, Bernstein says

Buy the bitcoin pullback as crypto will have more time to shine later this year, Bernstein says

May 1, 2023
Remember Monday finish 19th at Eurovision after getting zero points from public

Remember Monday finish 19th at Eurovision after getting zero points from public

May 18, 2025
Wednesday’s big stock stories: What’s likely to move the market in the next trading session

Wednesday’s big stock stories: What’s likely to move the market in the next trading session

December 17, 2025

Browse by Category

  • Business Finance
  • Crypto
  • Industries
  • Investing
  • Markets
  • Opinion
  • Real Estate
  • UK

London Wallet

Read latest news about finance, business and investing

  • Contact
  • Privacy Policy
  • Terms & Conditions

© 2025 London Wallet - All Rights Reserved!

No Result
View All Result
  • Checkout
  • Contact
  • Home
  • Login/Register
  • My account
  • Privacy Policy
  • Terms and Conditions

© 2025 London Wallet - All Rights Reserved!

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?