Over Half of Norway Car Sales Are Now Electric

The Norwegian Road Federation (NRF) said on Monday that almost 60 percent of all new cars sold in the country last month were fully electric, 'a global record as the country seeks to end fossil-fueled vehicles sales by 2025,' reports Reuters. From the report: Exempting battery engines from taxes imposed on diesel and petrol cars has upended Norway's auto market, elevating brands like Tesla and Nissan, with its Leaf model, while hurting sales of Toyota, Daimler and others. In 2018, Norway's fully electric car sales rose to a record 31.2 percent market share from 20.8 percent in 2017, far ahead of any other nation, and buyers had to wait as producers struggled to keep up with demand.

The surge of electric cars to a 58.4 percent market share in March came as Tesla ramped up delivery of its mid-sized Model 3, which retails from 442,000 crowns ($51,400), while Audi began deliveries of its 652,000-crowns e-tron sports utility vehicle. The sales figures consolidate Norway's global lead in electric car sales per capita, part of an attempt by Western Europe's biggest producer of oil and gas to transform to a greener economy.

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