In 2020 Norway became the first country in the world where half of the new registrations correspond to electric vehicles. That country’s goal is that by 2025 all new vehicles will be zero-emission.
According to the Road Traffic Information Council (OFV), despite the pandemic, electric cars gained a market share of 54.3% in 2020, compared to 42.4% last year. Sales accelerated at the end of the year, and only in December did the electric market share reach a new high of 66.7%.
The four best-selling vehicles in Norway today are electric – Audi e-tron, Tesla Model 3, Volkswagen ID.3 and Nissan Leaf. The fifth is the Volkswagen Golf, which has a rechargeable version, but the statistics do not distinguish the models depending on the engine.
Christina Bu, secretary general of the Norwegian electric vehicle association, considers this trend “very positive” and says that the country is “well on track to achieve the 2025 goals”.
Paradoxically, Norway is the largest hydrocarbon producer in Western Europe, but intends that by 2025 all new registrations will be electric vehicles. To achieve this goal, this Nordic country is applying very attractive tax policies. While diesel or gasoline cars are subject to tax increases, electric cars are exempt from virtually all taxes, which makes them more competitive at the time of purchase.