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]

A Tesla vehicle is parked on West Executive Avenue near the White House and the Eisenhower Executive Office building in Washington, D.C., U.S., June 5, 2025.President Donald Trump is the latest Tesla owner to think about getting rid of his car after souring on Elon Musk.Trump is considering selling, or even giving away, the red Tesla he bought in March, a senior White House official told NBC News, a day after the president's alliance with Musk dramatically ruptured.Trump purchased the electric vehicle to sh ...