Norway 2022 overview: 80% electric cars
Norway decided years ago to give priority to the electric car. With completely carbon-free electricity (thanks to hydraulics), there are zero-rated BEVs in the country, giving them years of free slow charging, free city charges, the ability to drive in bus lanes and more. But, finishing the Tazzari Zero or other Th!nk, Norway has been moving to a large premium electric car for several years.
according to Opplysningsrådet for Veitrafikken (or OFV) Norway experienced a feverish increase in registrations in December. In the last month of 2022, “39,497 new passenger cars were registered, a sharp increase” (sic.). In total, 174,329 new passenger cars were registered in 2022. This is slightly down from 176,276 registrations in 2021 (-1.1%).
8 out of 10 electric cars
Thus, 138,265 of these 174,329 registered vehicles were 100% electric vehicles. A record with a market share of 79.3%. 82.8 percent of those registered in December were electric cars. The previous record was only in 2021, but the “total” was 64.5%. This compares with less than 9% across Europe. Even France lags behind Norway.
The Norwegian champion is Tesla, Model Y. 17,356 units were sold, which is 10% of the total market share and 12.55% if only EVs are considered. The second best-selling car is the VW ID.4 with 11,561 drivers. Then we find Skoda Enyaq and BMW iX. In terms of manufacturers, Tesla is also ahead of VW and BMW with 21,303 units (with 3,163 Model 3s).
Tax varies
Norway may aim to be fully electric (battery or hydrogen) by 2025, aid to VEB is decreasing year by year. If December saw a rush in registrations, it’s also due to changes in taxes at the beginning of the year. After that, VAT (25% in the country) applies to any amount above NOK 500,000 (Norwegian crown) or €47,500. Obviously, VAT only applies to those over €47,500. The first step. In addition, a weight tax applies. Hence, heavy premium electric vehicles are targeted. However, some manufacturers such as Hyundai have announced that they no longer offer thermal cars in Norway, but only electric cars.
It should be noted that Norway has “spent and is still spending unaccountably” due to its ambitious electric car policy. The lack of cash flow with tax refunds is still estimated at more than 3.8 billion euros in 2022. To finance this policy, Norway exports a lot of oil. and gas, a paradox that has been hypothesized for many years and allows financing the transition of ferries, cities, its social models, etc. But now Norway believes that VE has been helped enough.
Top 20 cars registered in Norway in 2022
| Position | Model | Volume | PdM |
| 1 | Tesla Model Y | 17,356 | 10.00% |
| 2 | Volkswagen ID.4 | 11,561 | 6.60% |
| 3 | Skoda Enyak | 7558 | 4.30% |
| 4 | BMW iX | 6,395 | 3.70% |
| 5 | Volvo XC40 | 5,507 | 3.20% |
| 6 | Toyota Yaris | 5,381 | 3.10% |
| 7 | Hyundai IONIQ 5 | 5,044 | 2.90% |
| 8 | Audi Q4 e-tron | 4,928 | 2.80% |
| 9 | Audi e-tron | 4,885 | 2.80% |
| 10 | Polestar 2 | 4,692 | 2.70% |
| 11 | Ford Mustang Mach-E | 4,226 | 2.40% |
| 12 | Toyota RAV4 | 4,077 | 2.30% |
| 13 | BMW i4 | 3,824 | 2.20% |
| 14 | Volvo C40 | 3,594 | 2.10% |
| 15 | Mercedes-Benz EQC | 3,385 | 1.90% |
| 16 | Nissan Leaf | 3,222 | 1.80% |
| 17 | Tesla Model 3 | 3,163 | 1.80% |
| 18 | Volkswagen ID.3 | 2,743 | 1.60% |
| 19 | Kia EV6 | 2599 | 1.50% |
| 20 | Hyundai Kona | 2566 | 1.50% |
Norway’s top 20 brands in 2022
| merke | Antal | Andel | |
| 1 | you are here | 21,303 | 12.20% |
| 2 | volkswagen | 20,184 | 11.60% |
| 3 | BMW | 14,038 | 8.10% |
| 4 | Toyota | 13,872 | 8.00% |
| 5 | Volvo | 12,850 | 7.40% |
| 6 | Mercedes Benz | 10,500 | 6.00% |
| 7 | Audi | 10,326 | 5.90% |
| 8 | Skoda | 9,886 | 5.70% |
| 9 | hyundai | 9044 | 5.20% |
| 10 | Kia | 5,616 | 3.20% |
| 11 | Ford | 5,392 | 3.10% |
| 12 | Polestar | 4,698 | 2.70% |
| 13 | MG | 4,240 | 2.40% |
| 14 | Nissan | 4,073 | 2.30% |
| 15 | Peugeot | 3,347 | 1.90% |
| 16 | Suzuki | 2,685 | 1.50% |
| 17 | BYD | 2,655 | 1.50% |
| 18 | Porsche | 2,251 | 1.30% |
| 19 | Mazda | 2,114 | 1.20% |
| 20 | Hongqi | 2087 | 1.20% |
to summarize
The Norwegian car market will decrease by 1.1% in 2022 compared to 2021. But what is noteworthy is the market share of electric cars, which increased from 64.5% to 79.3%!
Electric car predominance, allowing Norway to gradually change its very favorable taxation towards electric cars.
