Tesla boom lifts Norway's electric car sales to 58 percent market share

  • 📰 Reuters
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 97%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Almost 60 percent of all new cars sold in Norway in March were fully electric, t...

FILE PHOTO: Electric cars are seen at Tesla charging station in Gulsvik, Norway March 17, 2019. REUTERS/Terje Solsvik/File Photo

OSLO - Almost 60 percent of all new cars sold in Norway in March were fully electric, the Norwegian Road Federation said on Monday, a global record set by a country seeking to end fossil-fueled vehicles sales by 2025. 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 electrics 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 , while Audi began deliveries of its 652,000-crowns e-tron sports utility vehicle.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Are people refraining from buying a Tesla because of rumors about poor performance and issues in cold weather?

🌲 🌲 🌲 👏👏👏

Norway Rocks!!! It's leading the way on electric airplane development, too.

For one thing Norway used its vast OIL/GAS reserves to create a heritage fund which now stands over 1 $ Tril US , they used their fossil fuel windfall to invest in diverse industries, it obvious here that they had a strategic goal in mind for their resources

Wow! I don't know what Elon Musk is smoking, but I want some too.

Would love to see a breakdown of electric energy sources in Norway. Wind? Fossil? Hydro? I appreciate their leadership.

Gee, I wonder if it's because a) the Government stayed out of the market, or b) the Government used other people's money to heavily subsidize the cost?

...Lefties should be wary what they wish for...fossil fules will have to be increased for adding power plants when all go EV...

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tesla boom lifts Norway's electric car sales to record market shareAlmost 60 percent of all new cars sold in Norway in March were fully electric, t...
Source: Reuters - 🏆 2. / 97 Read more »