Norway Public Response and Market Trends:

The report by the Norwegian Road Federation (OFV) highlights that 1,14,400 out of 1,28,691 cars sold in 2024 were EVs, showing a 1.4% growth compared to 2023.

Tesla dominated the market with an 18.9% share, followed by Volkswagen, Toyota, Volvo, and BMW.

Chinese EV brands like BYD, MG, Polestar, and Xpeng have also gained significant traction, marking their entry into Norway’s top 15 brands.

Norway Environmental Impact:

The rapid adoption of EVs has significantly reduced greenhouse gas emissions in Norway. In September 2024, the number of EVs on Norwegian roads surpassed petrol and diesel cars, a historic achievement.

Challenges and the Road Ahead:

Despite the impressive progress, OFV director Øyvind Solberg Thorsen emphasized that the 2025 goal is not yet fully achieved. Maintaining the growth rate in EV sales will be crucial.

read next…