In the past decade, the number of passenger cars sold in Norway generally increased, peaking in 2021 at just under ******* units. The lowest number of sales were recorded in 2010, with sales not exceeding *******. As of 2023, sales volumes decreased considerably and dipped by some ** percent, down to around ******* units. The electric car model Tesla Model Y was most popular in Norway in 2022, with nearly ****** units sold. The Volkswagen ID.4 came second in the ranking of the most sold car models. The Skoda Enyaq, also an electric car, ranked third. The popularity of electric cars in Norway Electric cars are becoming increasingly important in Norway. The market share of battery and plug-in hybrid cars in the country highly grew in recent years, reaching some ** percent as of 2022. By contrast, the market share stood at *** percent thirteen years earlier. The reason for the growing popularity of electric cars in Norway is that the government for example reduced taxes and increased subsidies for electric car owners.
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Key information about Norway Motor Vehicles Sales
In 2023, over ** percent of cars sold in Norway were fully electric. Cars using conventional fuel types such as diesel or gasoline declined in sales in 2023. Norway has the highest share of electric vehicles compared to other European countries. Green ambitions The increased popularity of electric vehicles in Norway is spurred by several political incentives that have led the way for the rise in sales. Electric car owners are granted different subsidies when purchasing an electric car. These incentives are further supported by a political aim to have zero emissions from sold passenger cars as of 2025. A nation of renewable energy Despite its abundant crude oil, Norway has a long tradition of using renewable energy sources. In 2022, the entire electricity production in the country was derived from sustainable sources, with **** percent stemming from hydro energy. Norway's renewable energy capacity amounted to nearly ****** megawatts a year later, in 2023.
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Key information about Norway Motor Vehicle Sales: Passenger Cars
In 2023, about 90 percent of all cars sold in Norway were electric cars, including battery-electric vehicles (BEV) and plug-in hybrid electric vehicles (PHEV). This share represents a sharp increase compared to the pre-pandemic EV sales share, which stood at 53.4 percent in 2019. Renewables powering Norway's cars Not only does Norway outperform other countries in terms of electric vehicles as a share of car sales, but also almost all of Norway’s domestic electricity comes from hydropower. For Norway, incentives in favor of green travel, such as toll-free travel, electric roads, and priority parking for electric vehicles, date back several years. Car brands must navigate a competitive industry in the country when it comes to the penetration rate of their EV models. Cuts for emissions With future restrictions penalizing the sale of new cars running only on petrol or diesel, the race is on worldwide for EV manufacturers to lower the greenhouse gas emissions their models release into the atmosphere. Thus, it comes as no surprise that the size of the global market for electric vehicles is tipped to grow substantially over the coming years. Worldwide plug-in electric vehicle sales reached around 13.7 million units in 2023.
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Norway: New passenger car sales, numbers per year: The latest value from 2023 is 126953 passenger cars, a decline from 174329 passenger cars in 2022. In comparison, the world average is 1102394 passenger cars, based on data from 57 countries. Historically, the average for Norway from 2005 to 2023 is 136621 passenger cars. The minimum value, 98675 passenger cars, was reached in 2009 while the maximum of 176276 passenger cars was recorded in 2021.
The volume of plug-in hybrid electric car (often abbreviated as PHEV) sales in Norway decreased to about ****** units in 2023. That year, new registrations of battery-electric cars in Norway came to some ****** units.
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Norway Used Car Market is Segmented by Vehicle Type (Hatchback, Sedan, Sports Utility Vehicle, and Multi-Purpose Vehicle), Vendor Type (Organized and Unorganized), and Fuel Type ( Gasoline, Diesel, Electric, and Other Fuel Types). The Report Offers the Market Size and Forecast in Value (USD) for all the Above Segments.
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Key information about Norway Motor Vehicle Sales: Commercial Cars
Tesla's sales volume grew substantially in Norway in the past years. Norway's switch to electric mobility and its high purchasing power made it an ideal market for Tesla to infiltrate. Thus, Tesla now ranks as the best-selling car brand in the Scandinavian country.
How many cars are sold in Norway? According to the most recent data, the number of passenger cars sold in Norway dipped by around 1.1 percent year-over-year, amounting to roughly 174,300 in 2022. Purely electrically powered vehicles account for a large portion of vehicle sales in Norway.
Why are electric cars increasingly popular in Norway? Government incentives like tax reductions and subsidies, as well as lower fees for using the road are the reasons for why the electric car market in the country is recently growing so fast. Among the European countries, Norway has the highest rate of newly registered electric cars.
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Key information about Norway Motor Vehicles Sales Growth
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Norway: New commercial vehicle sales, numbers per year: The latest value from 2023 is 37100 commercial vehicles, an increase from 35678 commercial vehicles in 2022. In comparison, the world average is 468008 commercial vehicles, based on data from 57 countries. Historically, the average for Norway from 2005 to 2023 is 40309 commercial vehicles. The minimum value, 28762 commercial vehicles, was reached in 2009 while the maximum of 53008 commercial vehicles was recorded in 2007.
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The Norway used car market, valued at approximately 3 million in 2025, is experiencing robust growth, exceeding a compound annual growth rate (CAGR) of 5.50%. This expansion is driven by several factors. Increasing vehicle ownership, particularly among younger demographics and those seeking more affordable transportation options compared to new cars, fuels demand. Furthermore, a growing preference for pre-owned vehicles aligns with broader sustainability trends, as used cars generally have a lower carbon footprint than newly manufactured ones. The shift towards electric vehicles (EVs) is also impacting the market, creating a segment with unique dynamics including higher demand for used EVs as prices of new models decrease. However, challenges exist, including fluctuating used car prices influenced by global economic conditions and supply chain disruptions, and a potential imbalance between supply and demand due to variations in the availability of specific vehicle types. The market is segmented by vehicle type (hatchback, sedan, SUV, MUV), vendor type (organized, unorganized), and fuel type (gasoline, diesel, electric, other). Key players include OOYYO Corporation, Birger N Haug, Bilia, Autonett Bergen AS, CarNext co, RSA BIL, Toyota South, TrueCar Inc, Egeland Auto, and Lee Auto Malls, all competing for market share within these diverse segments. The forecast period of 2025-2033 projects continued growth, though the rate may fluctuate based on economic factors and government policies impacting vehicle ownership and emissions standards. The dominance of specific segments, like SUVs and EVs, will likely evolve based on consumer preferences and technological advancements. The organized sector is anticipated to grow faster than the unorganized sector due to factors such as improved online platforms, financing options, and enhanced customer service. Monitoring the interplay of these drivers, trends, and restraints will be crucial to understanding the trajectory of the Norwegian used car market over the forecast period. A proactive approach to addressing potential challenges like fluctuating prices and maintaining adequate supply across all segments will be necessary for market participants to fully capitalize on the anticipated growth. This comprehensive report provides a detailed analysis of the Norway used car market, covering the period from 2019 to 2033. It offers invaluable insights into market size, trends, and future growth potential, incorporating high-search-volume keywords like "Norway used car market," "used car sales Norway," "Norwegian used car prices," and "electric used cars Norway." The report uses 2025 as the base year and provides estimations for 2025 and forecasts for 2025-2033, based on historical data from 2019-2024. This in-depth analysis will be crucial for businesses operating in or looking to enter the dynamic Norwegian used car market. Recent developments include: January 2023: Bilia entered into an agreement with Great Wall Motor to become the official importer and dealer of their car brands in Norway. The primary goal is to strengthen the presence of both new and used cars in the Norwegian market., June 2022: TrueCar Inc. successfully acquired Digital Motors, marking a significant milestone in its strategy to advance the digital car buying and selling experience through its TrueCar+ marketplace.. Key drivers for this market are: Rise in Price of New Cars. Potential restraints include: Trust And Transparency In Used Car Remained A Key Challenge For Consumers. Notable trends are: Growing Adoption of Online Services to Witness Major Growth.
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Graph and download economic data for Sales: Retail Trade: Car Registration: Passenger Cars for Norway (NORSLRTCR03GPSAM) from Feb 1955 to Jan 2024 about car registrations, Norway, trade, vehicles, retail trade, sales, and retail.
This statistic shows the number of cars sold by Volkswagen in Norway between 2009 and 2020. Norwegian sales of Volkswagen cars peaked at around ****** units in 2016. In 2020, there were nearly ****** units of Volkswagen cars sold in Norway.
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Key information about Norway Retail Sales Growth
This statistic shows the number of cars sold by Toyota in Norway between 2009 and 2020. Norwegian sales of Toyota cars peaked in 2017 at approximately 18,000 units. In 2020, there were roughly 13,000 units of Toyota cars sold in Norway.
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The European Motor Vehicle Wholesaling and Retailing industry’s revenue is forecast to climb at a compound annual rate of 1.6% over the five years through 2025 to €1,461.3 billion, with a projected hike of 2.2% in 2025. In 2023, the EU car market showed clear signs of recovery. According to ACEA data, EU car sales rose by 13.9% from 2022 levels, reaching around 10.5 million units for the year. However, in 2024, the growth slowed considerably, notching up just a modest rise of 0.8%. This surge in car sales boosted profitability for many car dealers. Although electric vehicles are increasingly popular, many people still opt for petrol cars due to lower upfront costs and easier refuelling access than charging an EV, as highlighted by data from Jato Dynamics showing new electric cars in Europe cost 22% more than similar petrol equivalents. Petrol models also remain cheaper to manufacture and maintain because simpler powertrains lessen exposure to rising raw material prices like lithium, which has averaged around €8,848 per tonne in 2024 according to London Metal Exchange figures. Car wholesalers and retailers are responding to higher electric vehicle prices by maintaining attractive petrol portfolios. They're also offering affordable mild-hybrid options as a practical bridge for buyers concerned about EV costs. This helps businesses capture short-term sales and addresses consumer hesitation around investing in pricier electric vehicles. European governments are increasing their efforts to cut emissions in line with climate agreement targets. Zero- and low-emission zones are becoming widespread in European city centres, which restrict the entry of high-polluting vehicles. Governments are incentivising the uptake of electric vehicles by offering subsidies and zero tax on new purchases. The sale of new diesel and petrol cars will be banned in many countries (2030 in the UK, 2035 in the EU), encouraging people and fleet owners to switch to an electric vehicle for their next purchase. Over the five years through 2030, revenue is forecast to climb at a compound annual rate of 5.8% to reach €1,934.5 billion. Connected cars will also be a focus for many dealers, as infotainment systems become widely demanded by customers.
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Graph and download economic data for Sales: Retail Trade: Car Registration: Passenger Cars for Norway (NORSLRTCR03GYSAQ) from Q1 1960 to Q3 2018 about car registrations, Norway, trade, vehicles, retail trade, sales, and retail.
In the past decade, the number of passenger cars sold in Norway generally increased, peaking in 2021 at just under ******* units. The lowest number of sales were recorded in 2010, with sales not exceeding *******. As of 2023, sales volumes decreased considerably and dipped by some ** percent, down to around ******* units. The electric car model Tesla Model Y was most popular in Norway in 2022, with nearly ****** units sold. The Volkswagen ID.4 came second in the ranking of the most sold car models. The Skoda Enyaq, also an electric car, ranked third. The popularity of electric cars in Norway Electric cars are becoming increasingly important in Norway. The market share of battery and plug-in hybrid cars in the country highly grew in recent years, reaching some ** percent as of 2022. By contrast, the market share stood at *** percent thirteen years earlier. The reason for the growing popularity of electric cars in Norway is that the government for example reduced taxes and increased subsidies for electric car owners.