Tesla back on top as Norway's EV market surges to 98% share in February
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Tesla back on top as Norway's EV market surges to 98% share in February
"Tesla reclaimed the top spot in Norway's auto market in February as electric vehicles captured more than 98% of all new car registrations. The rebound follows a sharp January slump triggered by VAT rule changes, which prompted numerous car buyers to advance their purchases into late 2025."
"As per data from the Norwegian Road Traffic Information Council (OFV), 7,127 new electric vehicles were registered in February, representing a 98.01% market share. Fossil-fuel vehicles and hybrids accounted for just 2% of total new registrations. Total new car registrations reached 7,272 units in February, hinting at a rapid recovery after January sales fell nearly 75% year-over-year."
"The Tesla Model Y recorded 1,073 registrations, giving it a 14.8% market share for the month. Tesla also became Norway's top-selling brand with 1,210 registrations, representing a 16.6% share. Toyota followed with 941 registrations, while Volkswagen, Volvo, and Skoda rounded out the top five brands."
Tesla regained Norway's leading automotive position in February after a significant January decline caused by VAT rule changes that prompted buyers to advance purchases into late 2025. Electric vehicles dominated the market with 98.01% of 7,127 new registrations, while fossil-fuel vehicles and hybrids represented only 2%. Total new car registrations reached 7,272 units, reflecting rapid market recovery after January sales fell nearly 75% year-over-year. The Tesla Model Y returned to the top sales chart with 1,073 registrations and 14.8% market share. Tesla's brand performance improved to 1,210 registrations with 16.6% share, followed by Toyota, Volkswagen, Volvo, and Skoda. OFV Director Geir Inge Stokke confirmed similar demand patterns occurred after the 2022 VAT changes, indicating the market is normalizing.
Read at TESLARATI
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