Norway: Plug-In Car Sales Returned To Growth In October 2022

All-electric car sales were up 20% year-over-year, but plug-in hybrids are collapsing.

2022 Volkswagen ID.4 GTX exterior side view

Mark Kane

By: Mark Kane

Nov 9, 2022 at 8:07am ET

Add InsideEVs as a preferred source in Google

Comment

New passenger car sales in Norway finally improved in October, after six months of year-over-year declines. Last month, 12,558 new cars were registered (up 8.5%), which brought the year-to-date number to 115,319 (down 18%).

Good news comes also from the plug-in segment, which also noted a slight increase after six months of noticeable drops.

Last month, 10,853 new passenger plug-in electric cars were registered, which is 5% more than a year ago. Nonetheless, the market share decreased to 86.4% (from 89.3% a year ago).

Plug-in results could be better, but plug-in hybrid cars (PHEVs) have been dragging the segment down each month this year - including a 49% decrease in October.

Plug-in hybrid sales continue to decrease due to reduced tax incentives (CO2 emission component).

Fortunately, battery-electric cars (BEVs) were up almost 20% year-over-year, expanding their market share to 77.5% (from 70.1% a year ago).

Stats for the month:

BEVs: 9,727 (up 20%, at 77.5% market share) + 569 new vans
PHEVs: 1,126 (down 49%, at 9.0% market share)
Total: 10,853 (up 5%, at 86.4% market share)

New passenger plug-in car registrations in Norway – October 2022

So far this year, more than 101,000 new passenger plug-ins were registered in Norway. Currently, it seems that the year 2022 will end below 2021's level.

Plug-in car registrations year-to-date:

BEVs: 89,658 (up 1%, at 77.7% market share)
PHEVs: 11,450 (down 63%, at 9.9% market share)
Total: 101,108 (down 15%, at 87.7% market share)

For reference, in the 12 months of 2021, 151,917 new passenger plug-in electric cars were registered (up 44% over 2020 at an average market share of 86.2%).

The gasoline, diesel, and non-rechargeable hybrids were in the minority with 13.6% of the market last month (2.1% gasoline, 3.7% diesel, 7.8% hybrids).

Models

In October, the Volkswagen ID.4 was the top-selling model in Norway (1,014), followed by its cousin - Skoda Enyaq iV (751). Considering 387 Audi Q4 e-tron, we can count 2,152 MEB-based electric crossover/SUVs.

Relatively good results were set also by the BMW iX (566), Volvo C40 Recharge (536), Volkswagen ID.3 (473), Audi e-tron (423) and Volvo XC40 Recharge (403).

What do you think?

View

Comments

The Tesla Model Y, which noted over 3,000 units in September, this time was almost absent with just 47 new registrations (plus 4 Tesla Model 3). This indicates how inconsistent Tesla deliveries are. Nonetheless, the Model Y remains the top car overall in Norway with 9,620 registrations YTD.

The YTD list shown below indicates that Norway loves electric crossover/SUVs, which take all the top positions.