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Ride Radar > Blog > Uncategorized > Norway’s trailblazing EV market continues to impress
Uncategorized

Norway’s trailblazing EV market continues to impress

Last updated: June 18, 2025 10:25 am
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Norway continues to lead the charge in the adoption of battery-electric vehicles (BEVs) in Europe, with one of the highest adoption rates on the continent. According to EV Volumes, Norway ranks ninth in terms of overall EV market size in central and western Europe. From January to April of this year, the country saw a 34.4% increase in BEV and plug-in hybrid (PHEV) registrations, with BEVs accounting for the majority of these registrations at 96.3%.

BEVs in Norway have been steadily increasing in popularity, with a 32.2% growth in the first four months of 2025 alone. On the other hand, PHEVs saw a significant increase in deliveries compared to the previous year, up 139.4%, although they still only make up a small portion of the overall EV market at 3.7%.

Norway’s success in EV adoption far surpasses that of its Scandinavian neighbors like Sweden and Denmark, with EV shares of 58.4% and 54.9% respectively in 2024. In comparison, Norway’s EV market share is expected to reach 97.9% by the end of 2025, with BEVs alone accounting for 89% of all deliveries.

The country’s rapid growth in EV adoption can be attributed to a range of incentives and regulations that make owning a BEV more appealing. For example, BEV owners in Norway are exempt from CO₂ and NOx components of the registration tax, as well as annual circulation tax. They also benefit from a 20% reduction in company car tax and are exempt from Norway’s 25% vehicle VAT if the price is below 500,000kr.

In addition to incentives, Norway has also invested in expanding its EV charging infrastructure, with over 34,000 charging points across the country as of May 2025. Major roads in Norway are also equipped with charging stations every 50km, making it easier for EV owners to recharge their vehicles on the go.

See also  BYD dominates record-breaking Chinese EV market in September

Tesla leads the way in Norway’s EV market, with the Tesla Model Y emerging as the best-selling BEV in the country during the first four months of the year. Other popular models include the Toyota bZ4X and the Volkswagen ID.4. In the PHEV segment, Volvo claimed the top two spots with the XC90 and XC60 leading the pack.

Overall, Norway’s success in EV adoption can be attributed to a combination of incentives, infrastructure investment, and a strong market for electric vehicles. As the country continues to prioritize sustainability and environmental initiatives, it is likely to remain a leader in the transition to electric mobility in Europe.

TAGGED:continuesimpressmarketNorwaystrailblazing
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