Core Insights - Norway is nearing the elimination of gasoline and diesel cars from its new car market, with 95.9% of new cars registered in 2025 being electric vehicles (EVs) [1][2] - The total number of new passenger cars registered in Norway reached a record 179,549 in 2025, marking a 40% increase year-on-year [2] - The significant rise in EV sales is attributed to long-term policies and specific tax decisions that have positively influenced the market [3] Industry Trends - The percentage of new EV registrations increased from 88.9% at the end of 2024 to 95.9% in 2025, with December 2025 seeing 98% of new cars being EVs [1][2] - The record number of registrations in 2025 surpassed the previous annual record set in 2021, reinforcing Norway's status as a leader in sustainable transportation [2] Policy Impact - Norway's approach to promoting EV adoption has focused on long-term and consistent policies rather than outright bans on internal combustion engine vehicles, which has been crucial for the transition [4] - The upcoming VAT change effective January 1, 2026, has driven many consumers to purchase new electric cars before the end of 2025, contributing to the strong sales figures [3]
Norway wraps up 2025 with 96% of its new car market fully electric, and Tesla's sales are surging there