- 2024 saw the highest EV market share figure on record for Norway, following months of impressive results – positioning the early adopting country as an example for others to follow.
- According to statistics gathered by the Norwegian Road Federation, an impressive 89.4% of cars sold in 2024 were fully-electric – compared to 82.4% in 2023 and 79.3% in 2022.
- This clear growth trajectory suggests the country is on track to meet its goal of 100% EV sales by the end of this year – an ambitious goal set by the Norwegian government back in 2016 – when passenger EVs accounted for just 15.7% of the market.
Norway reaches record 89.4% EV market share for 2024
While this figure alone is impressive, individual months have seen even higher numbers. In September 2024, for example, EV market share for passenger cars hit 96.4%, further demonstrating the nation’s confidence in achieving its 2025 EV targets. That high market share is reflected in the country’s top selling cars, with the top 10 best sellers all being fully electric models. Coming in top three for the year were the Tesla Model Y, Model 3, and Volvo EX30, with sales figures of 16,858, 7,264, and 7,229 respectively.
Another key turning point was also reached for the nordic country this year, with fully-electric cars now outnumbering the number of pure petrol cars on the country’s roads. Whilst Norway should reach 100% EV sales in the passenger car segment by the end of the year, previous predictions indicate that EVs will outnumber all ICE cars on the road by around 2026 or 2027.
Norway has always been ahead of its European neighbours when it comes to the rate of EV adoption. The UK, for instance, saw an EV market share of 19.6% for 2024 in comparison.
Christina Bu, Secretary General of The Norwegian EV Association, commented:
“We can already celebrate that electric cars have become the natural choice for most people. I firmly believe this trend will continue, and Norway is on track to reach its 2025 goal.”