Electric cars took 89% of Norway market in 2024
6 days, 22 hours ago

Electric cars took 89% of Norway market in 2024

Raw Story  

Electric cars accounted for 89 percent of the new cars sold in Norway last year, a report said Thursday, pushing the country closer to reaching its goal of going fully electric by 2025. Despite being a major oil and gas producer, Norway aims for all new cars sold to be "zero emission" starting in 2025, which is 10 years ahead of the goal set by the European Union, of which Norway is not a member. In 2012, electric cars accounted for just 2.8 percent of sales, but they have since exploded thanks to various incentives. "It is crucial to maintain the incentives that favour the purchase of electric cars if the government and parliament are to achieve the goal they themselves set," Oyvind Solberg Thorsen, director of OFV, said in a press release.

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History of this topic

Tesla sales dropped 1.1% in 2024, its first annual decline in a dozen years
6 days, 19 hours ago

Tesla sales dropped 1.1% in 2024, its first annual decline in a dozen years

Associated Press  

DETROIT — Tesla posted its first annual sales drop in more than a dozen years Thursday, undercutting a stock that has soared since Donald Trump’s victory on optimism Elon Musk’s close relationship to the president-elect will help the company. “And the first part of this grand strategic vision has taken shape.” The fourth-quarter sales, while a record for Tesla, show …

Electric car sales are slowing in the US and Europe as both fans and skeptics share concerns
1 month, 1 week ago

Electric car sales are slowing in the US and Europe as both fans and skeptics share concerns

Associated Press  

DETROIT — While sales of electric vehicles surge in China, adoption of more environmentally friendly vehicles is stumbling in the United States and Europe as carmakers and governments struggle to meet years-old promises about affordability and charging stations. “Sometimes we found that the charging stations don’t always work, they’re broken down, so that gives you a little bit of anxiety …

Tesla suffers first drop in UK sales since 2013
2 months, 3 weeks ago

Tesla suffers first drop in UK sales since 2013

The Telegraph  

Tesla’s UK revenues have fallen for the first time in more than a decade as Elon Musk’s electric car company grapples with a slowdown in demand. The drop in sales brings the company’s recent momentum to a halt in the UK, where it has enjoyed constant sales growth since 2013. Mr Musk’s business is also facing questions about its ageing …

Polestar boss says UK is ‘worst in Europe’ for electric car incentives
3 months, 1 week ago

Polestar boss says UK is ‘worst in Europe’ for electric car incentives

The Independent  

Government targets on the sale of electric cars are likely to be missed unless customer incentives are introduced quickly, according to the UK managing director of Swedish car company Polestar. It’s no wonder that there are lots of car makers struggling to hit the 22 per cent ZEV mandate.” This year, the UK government introduced its zero emission vehicle mandate, …

Electric vehicles: What can the UK government learn from Norway?
3 months, 2 weeks ago

Electric vehicles: What can the UK government learn from Norway?

The Independent  

The UK’s transition to electric vehicles is a critical component in the government’s strategy to combat climate change and achieve net-zero carbon emissions by 2050. Additionally, the government has introduced tax incentives, such as the benefit-in-kind tax rate, which is currently set at a favourable two per cent for electric company cars. SMMT has called on the government to halve …

Seven in ten electric vehicles will be stung with the additional £410-a-year 'luxury car' premium tax when VED exemption ends next year
5 months, 2 weeks ago

Seven in ten electric vehicles will be stung with the additional £410-a-year 'luxury car' premium tax when VED exemption ends next year

Daily Mail  

The end of electric vehicle car tax exemptions from next year could kill off demand for greener cars in Britain, a new report is warning. Auto Express said it will 'create further cost barriers' preventing the switch to battery cars In the Autumn Budget of 2022, former Chancellor Jeremy Hunt announced that electric cars will no longer be exempt from …

Electric cars: EV sales are slumping—but that doesn’t mean they're dead.
5 months, 3 weeks ago

Electric cars: EV sales are slumping—but that doesn’t mean they're dead.

Slate  

It’s tough to gauge how well the United States’ burgeoning electric vehicle industry is faring in 2024. EV ownership is increasingly politicized, in both directions—liberals horrified by Elon Musk’s far-right turn are fueling the Tesla sales slump, while right-wingers fearmonger over foreign EV companies and want to get electric cars off the road altogether. You can see this in the …

Electric car sales tumble across Europe as demand plummets in Germany
6 months, 2 weeks ago

Electric car sales tumble across Europe as demand plummets in Germany

The Telegraph  

Sales of electric vehicles plunged across Europe last month, fuelled by a sharp drop-off in demand in Germany. Official figures show that sales for new EVs fell by 30pc in Germany last month, which led to a broader fall of 12.5pc across the Continent. The European Commission unveiled a raft of new trade tariffs of up to 48pc on EVs, …

Is the global EV bubble bursting? As global demand starts to slow, share prices tank and Tesla cuts 10% of the workforce....are car giants ready to slam the brakes on electric revolution?
8 months, 3 weeks ago

Is the global EV bubble bursting? As global demand starts to slow, share prices tank and Tesla cuts 10% of the workforce....are car giants ready to slam the brakes on electric revolution?

Daily Mail  

Elon Musk's announcement that Tesla will lay off ten percent of its workforce shocked many but it may be inline with figures that suggest the global demand for electronic vehicles is slumping across the world. In the first quarter of 2024, the two biggest manufacturers of electronic vehicles, Tesla and its Chinese rival BYD reported dramatic sales drops compared against …

Norway could become first country to have more electric cars than petrol
9 months ago

Norway could become first country to have more electric cars than petrol

The Independent  

Stay ahead of the curve with our weekly guide to the latest trends, fashion, relationships and more Stay ahead of the curve with our weekly guide to the latest trends, fashion, relationships and more Stay ahead of the curve with our weekly guide to the latest trends, fashion, relationships and more SIGN UP I would like to be emailed about …

Electric Vehicle Sales Growth Is Slowing Globally. Here’s Why
11 months, 1 week ago

Electric Vehicle Sales Growth Is Slowing Globally. Here’s Why

Bloomberg  

With road transportation accounting for about 15% of greenhouse gas emissions, transitioning to cleaner vehicles is a linchpin in national efforts to meet climate-change mitigation targets. Governments have encouraged a transition to electric vehicles with massive subsidies, and legacy carmakers are changing their offerings in a slow farewell to the combustion-engine era. According to BloombergNEF, sales of all-electric vehicles plus …

'EVs are £700 a year cheaper to keep on the road than petrol cars', green think tank says
1 year ago

'EVs are £700 a year cheaper to keep on the road than petrol cars', green think tank says

Daily Mail  

Owning an electric vehicle instead of a petrol car could save drivers around £10,000 over a decade and a half, according to a green think tank. Switching to electric could save owners up to £700 a year compared to driving a petrol car, a green think tank has estimated: Pictured, an electric Hyundai Ioniq5 While the upfront cost of new …

US electric vehicle sales to hit record this year, but still lag behind China and Germany
1 year, 1 month ago

US electric vehicle sales to hit record this year, but still lag behind China and Germany

Associated Press  

Electric vehicle sales are expected to hit a record 9% of all passenger vehicles in the U.S. this year, according to Atlas Public Policy. The Inflation Reduction Act, which increased tax credits for qualifying new and used EV purchases, also helped bring EV costs down for buyers, by $3,750 or $7,500, depending on certain requirements. Electric car battery costs are …

Strong demand drives US new vehicle sales higher in the first half of the year
1 year, 6 months ago

Strong demand drives US new vehicle sales higher in the first half of the year

Associated Press  

Demand for new SUVs, trucks and cars in the U.S. picked up steam in the second quarter, but the stronger sales kept prices high for consumers. Electric vehicle sales continued to rise during the first half of the year to more than 557,000 vehicles, or 7.2% of all new vehicle sales. In all of last year, consumers bought just over …

Volvo Cars June sales up 33% as fully electric car sales quadruple: Report
1 year, 6 months ago

Volvo Cars June sales up 33% as fully electric car sales quadruple: Report

Hindustan Times  

Sweden-based Volvo Cars on Wednesday reported a 33% year-on-year rise in June sales to 66,379 cars, helped by a spike for fully electric cars. REUTERS/Andrew Kelly/File Photo {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} The manufacturer, which is majority-owned by China's Geely, said it sold 9,535 fully electric cars in the month, up 346%. {{^usCountry}} {{/usCountry}} "The overall sales increase was driven by …

EVs made up 10% of all new cars sold last year
1 year, 11 months ago

EVs made up 10% of all new cars sold last year

Live Mint  

BERLIN : Electric-vehicle sales crossed a global milestone last year, achieving around 10% market share for the first time, driven mainly by strong growth in China and Europe, according to fresh data and estimates. In Germany, the largest auto market in Europe, electric vehicles accounted for 25% of new vehicle production last year, according to VDA, the German automotive manufacturers …

Over 300,000 electric cars in Netherlands, with Almere leading the charge
2 years, 2 months ago

Over 300,000 electric cars in Netherlands, with Almere leading the charge

NL Times  

Although electric vehicles still make up only a small percent of cars in the Netherlands, they are rapidly gaining popularity. In the first nine months of 2022, nearly 21 percent of all cars sold were emissions-free, according to De Volkskrant. Vlieland, Pekela and Westerwolde were the municipalities with the fewest electric cars at less than 1 percent. Hybrid cars are …

EVs and hybrids account for 43% of third-quarter EU new car sales
2 years, 2 months ago

EVs and hybrids account for 43% of third-quarter EU new car sales

The Hindu  

Electric and hybrid vehicles accounted for 43% of sales of new cars in the European Union in the third quarter, data from the European Automobile Manufacturers Association showed on Thursday. Fully electric vehicles, plug-in hybrids and hybrids made up less than 40% of all sales in the same period last year, the association said. More than one in 10 cars …

Number of electric cars in the Netherlands has nearly tripled since 2020
2 years, 3 months ago

Number of electric cars in the Netherlands has nearly tripled since 2020

NL Times  

The number of registered electric cars has almost tripled in two and a half years, reported automotive industry groups, BOVAG and RAI, using data from RDC. On 1 September, more than 300,000 electric passenger cars were listed in the Dutch registry for the first time. The second most popular brand is Volkswagen, with 12.5 percent of the existing electric cars …

Electric car sales jumped 83 percent in a year; Market share doubled
2 years, 5 months ago

Electric car sales jumped 83 percent in a year; Market share doubled

NL Times  

Sales of electric cars during the first six months of this year were significantly higher than in the same period in 2021. In total, 29,531 new electric cars were registered in the first six months of this year. However, the available budget for the subsidies already ran out this year, which may mean that potential electric car buyers may decide …

More electric vehicles now sold each week than entire of 2012
2 years, 11 months ago

More electric vehicles now sold each week than entire of 2012

The Independent  

Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The electric vehicle market is soaring, with 130,000 cars sold globally each week, roughly equivalent …

Tesla takes the UK sales crown as petrol now accounts for less than half of new cars
3 years ago

Tesla takes the UK sales crown as petrol now accounts for less than half of new cars

The Telegraph  

Petrol cars accounted for fewer than 50pc of total sales last month, with electric car giant Tesla becoming the best-selling brand in the UK. New electric cars made up just over a quarter of the total sold in December, while petrol cars' market share dipped to 46pc, data from transport researchers New AutoMotive shows. Electric cars have grown from less …

Dutch car sales plunged in 2021 due to global chip shortage
3 years ago

Dutch car sales plunged in 2021 due to global chip shortage

NL Times  

Dutch car sales were more than 9 percent lower last year compared to 2020. Car dealers had actually hoped for a sales spurt in the last month of the year, especially with the leasing of electric cars due to New Year’s Day rules changes regarding the taxation of company electric cars used as personal vehicles. Due to the disrupted computer …

Australia's EV sales are lagging. What can we learn from world leader Norway?
3 years, 1 month ago

Australia's EV sales are lagging. What can we learn from world leader Norway?

ABC  

A combination of cheaper electric vehicles and generous financial incentives has seen an unprecedented number of Norwegians switching from diesel-powered cars to battery ones over the past decade. As it happens, Australia is at a similar point to where Norway was at in 2011, with EVs making up about 1.6 per cent of new car sales. An "aggressive push" to …

Is your electric car as eco-friendly as you thought?
3 years, 1 month ago

Is your electric car as eco-friendly as you thought?

Live Mint  

Electric vehicles, or EVs, are a powerful weapon in the world's battle to beat global warming, yet their impact varies hugely from nation-to-nation and in some places they pollute more than gasoline models, data analysis shows. An EV driver in Europe's biggest car manufacturer Germany, which relies on a mix of renewables and coal, makes a 55% greenhouse gas saving, …

Electric vehicles will become more affordable than ICE models in Europe by 2027: Study
3 years, 7 months ago

Electric vehicles will become more affordable than ICE models in Europe by 2027: Study

Firstpost  

A drop in battery costs and use of dedicated production lines will make EVs more accessible for the masses. Electric cars will be cheaper to build than fossil fuel vehicles across Europe within six years and could represent 100 percent of new sales by 2035, according to a study published Monday. Carmakers are shifting en masse to electric and hybrid …

Norway becomes first country to sell more electric cars than petrol vehicles
4 years ago

Norway becomes first country to sell more electric cars than petrol vehicles

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. This makes Norway the first country to have sold …

Electric cars hit record 54% of sales in Norway as VW overtakes Tesla
4 years ago

Electric cars hit record 54% of sales in Norway as VW overtakes Tesla

CNN  

London CNN Business — Battery electric vehicles accounted for more than half of all cars sold in Norway last year, putting the country way out in front in efforts to kill off the internal combustion engine. Record electric vehicle sales in 2020 means the country is now ahead of schedule, according to Oyvind Solberg Thorsen, CEO of the Norwegian Road …

How Norway Convinced Drivers To Switch To Electric Cars
4 years, 8 months ago

How Norway Convinced Drivers To Switch To Electric Cars

Huff Post  

LOADING ERROR LOADING Americans love their cars — their gas-guzzling, air-polluting, smog-producing cars. “These things take time, because you need those first guys willing to break the mold, buy an EV and tell their pals, ‘Shut up, this car is awesome!’” said Daniel Milford Flathagen, 36, from Trondheim, a government agency employee who waited 18 months for a Hyundai Kona …

Sales of electric vehicles rise by 144 per cent as diesel cars decline in popularity
5 years ago

Sales of electric vehicles rise by 144 per cent as diesel cars decline in popularity

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy In a depressed new car market, sales of electric vehicles …

Honda will sell only electric and hybrid cars in Europe from 2022
5 years, 2 months ago

Honda will sell only electric and hybrid cars in Europe from 2022

CNN  

London CNN Business — Europeans who want to buy a Honda powered exclusively by gasoline or diesel need to act quickly. The Japanese carmaker announced Wednesday that it will sell only electric and hybrid vehicles in Europe starting in 2022, three years earlier than previously planned. “The pace of change in regulation, the market, and consumer behavior in Europe means …

How Volvo is helping to electrify the car market
5 years, 2 months ago

How Volvo is helping to electrify the car market

The Independent  

Stay ahead of the curve with our weekly guide to the latest trends, fashion, relationships and more Stay ahead of the curve with our weekly guide to the latest trends, fashion, relationships and more Stay ahead of the curve with our weekly guide to the latest trends, fashion, relationships and more SIGN UP I would like to be emailed about …

Electric vehicle sales are up sharply in California, mostly due to Tesla
5 years, 3 months ago

Electric vehicle sales are up sharply in California, mostly due to Tesla

LA Times  

Sales of new electric vehicles in California shot up 63.7% in the first half of the year, to 51,750 units, largely on the strength of the Tesla Model 3. “But EVs are still a tough market, even in California.” Dealers sold nearly 950,000 new automobiles statewide in the first six months of 2019, according to the California New Car Dealers …

Electric cars to hold more value after 5 years than gas, diesel models: ING
5 years, 7 months ago

Electric cars to hold more value after 5 years than gas, diesel models: ING

NL Times  

This post was produced with support from Reservedelenstore. Electric cars will do a better job of retaining value in second-hand vehicle sales when compared to motor vehicles that make use of more common combustion engines, according to a report published by economists at Dutch bank ING. "The demand for used electric cars will exceed supply, resulting in rising used car …

For the first time ever, electric cars outsold gas and diesel vehicles in Norway
5 years, 9 months ago

For the first time ever, electric cars outsold gas and diesel vehicles in Norway

CNN  

CNN — Electric vehicles outsold gas and diesel models in Norway for the first time ever last month, accounting for 58.4% of all vehicle sales. Norway is a leader in the adoption of zero-emission vehicles and the government has set an ambitious goal to stop selling new gas and diesel passenger cars and vans by 2025. In March, 18,375 new …

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