The total share was 81.6%, including 61.5% (also a record) for all-electric cars, and an additional 20.1% for plug-in hybrids.
This really shows how exceptional the Norwegian market is. There are not many markets in the world with double-digit plug-in car market share, while here we not only see a majority, but more than 4 in 5 new cars being rechargeable.
But how did it happen? Only 10 years ago, there were almost no signs of EVs in Norway. However, strong EV incentives (including a powerful 25% VAT tax exception), high taxes on conventional cars, combined with high purchasing power translated into very high demand over the years.
As a result, as soon as the series-produced electric cars appeared on the market, sales gradually were increasing from near zero in 2013 to about 50% around 2018 and now 80%!
New passenger car registrations in Norway by type – September 2020
- BEVs: 61.5%
- PHEVs: 20.1%
- Plug-ins (total BEVs + PHEVs): 81.6%
- HEVs: 7.3%
- ICE: 11.1% (6.1% gas and 5.0% diesel)
- Non-plug-ins (HEVs + ICE): 18.4%
Plug-ins, especially all-electric cars, are now the top-selling models, while ICEs are fading. Conventional hybrids were stable for quite some time, but recently also started to erode.
If ICE/HEV sales fade even more in the next couple of years, the next thing we will see will be the collapse of fuel stations - turned into fast-charging hubs or retired.