Norway reported a year-on-year sales drop in its passenger car market of 8.7% to 7,439 units. It is indeed a significant rebound from January’s 77% sales drop.
On the other hand, sales data for plug-in electric cars demonstrated the industry’s stability, despite the ongoing market uncertainty.
New passenger plug-in car registrations in Norway – February 2023
InsideEVs reports, citing the Norwegian Road Federation (OFV), plug-in car registrations were 6,704 units, down 4% YoY. Despite the slight decline, it must be acknowledged that it accounted for more than 90% of the overall volume.
Of that total, all-electric cars accounted for 6,183 new registrations, up 0.4% YoY. The remaining 521 units were contributed by plug-in hybrid vehicles, down 39% YoY.
Here’s the data for passenger plug-in car registrations in February:
Category | Registrations & Changes | Market Share |
BEVs | 6,183, up 0.4% | 83.1% |
PHEVs | 521, down 39% | 7.0% |
Total | 6,704, down 4% | 90.1% |
For context, Norway had over 8,000 new passenger plug-in electric car registrations year-to-date. Unfortunately, that figure represents a whopping 43% decline YoY.
Meanwhile, below are the figures for new plug-in car registrations YTD:
Category | Registrations & Changes | Market Share |
BEVs | 7,420, down 42% | 79.8% |
PHEVs | 703, down 49% | 79.8% |
Total | 8,123, down 87.4% | 43% |
In hindsight, there were over 153,000 new plug-in car registrations in Norway in the full year 2022, which represents a minimal increase of 0.8% from a year ago.
Top models
The Tesla Model Y was once again the leading electric vehicle model in Norway regarding registrations, with 1,271 units. It beat the former first placer Volkswagen ID.4 with 485 units, placing it at the fourth spot.
Interestingly, Japanese-made Toyota bZ4X landed 2nd place with 568 units. It was followed by the Volkswagen ID.3 with 535 registrations.
The Volvo XC40 completed the top 5 with 410 new registrations in February.
You can view the 2023 YTD ranking of EV models in Norway here.