Norway’s Electric Car Market Reached a Growth Rate of 96% in 2025 and Achieved Record Sales…
Almost 96% of new cars registered in Norway in 2025 were fully electric. In particular, according to OFV data, the share of electric vehicles in annual registrations was at 95.9%, and in December this figure approached 98%. In 2024, this rate was 88.9%.
OFV also stated that Norway will register a record number of 179,549 new cars in 2025, 40% more than the previous year.
Key trends in Norway’s electric vehicle market in 2025
Tesla maintained its leadership in Norway’s new car market for the fifth year in a row, with a market share of 19.1%. It is followed by Volkswagen with 13.3% and Volvo Cars with 7.8%.
The market share of Chinese manufacturers increased to 13.7% in 2025 from 10.4% the previous year.
Norway continues to support policies that encourage electric vehicles, helping to increase demand among the public and businesses.
Regulatory changes and their impact on the market
Almost nine-tenths of new cars sold in the country by the end of 2024 will be fully electric. Additionally, Norway has been taxing electric vehicles since 2023 and announced in October last year that VAT for each vehicle would rise to $5,000 from January 1, 2026. This has led to a rush among buyers and manufacturers aiming to complete purchases by the end of 2025. This dynamic highlights the ongoing shift towards battery technologies and the impact of regulatory changes on the pace of electric vehicle sales in the country.
Automobile Magazine – English
