EconomyLens.com
No Result
View All Result
Friday, January 2, 2026
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Business

Norway closes in on objective of 100% electric car sales

Thomas Barnes by Thomas Barnes
January 2, 2026
in Business
Reading Time: 3 mins read
A A
0
19
SHARES
235
VIEWS
Share on FacebookShare on Twitter

Tax exemptions have helped boost sales of electric cars in Norway. ©AFP

Oslo (AFP) – Norway came close to its objective of selling only zero-emission cars in 2025, with electric vehicles accounting for 95.9 percent of new registrations. Although Norway is western Europe’s largest exporter of petroleum products, it has led the shift to electric vehicles, setting a non-binding target of selling only zero-emission vehicles in 2025 — then years ahead of the neighbouring European Union. A record 179,549 personal vehicles were registered in 2025, beating the previous high set in 2021, the Norwegian Road Federation (OFV) said on Friday. Electric vehicles accounted for 97.6 percent of sales in December.

Related

Orsted files lawsuit against US suspension of wind turbine leases

Orsted files lawsuit against US suspension of wind turbine leases

China’s BYD logs record EV sales in 2025

Berlin says decision postponed on European fighter jet

Eurostar to resume services after Channel tunnel power glitch sparks travel chaos

“While car sales are traditionally strong at the end of the year, there is no doubt the VAT tax change on January 1, 2026, spurred many people to buy a new electric vehicle before the end of the year,” OFV director Geir Inge Stokke said in a statement. The Norwegian government decided to lower the exemption from VAT tax from 500,000 kroner ($49,600) to 300,000 kroner from the start of 2026. The elimination of the exemption, initially planned for 2027, is expected to be pushed back to 2028.

Tesla consolidated its leading position in the Norwegian market, accounting for 19.1 percent of total registrations. A record 34,285 new Teslas were registered in Norway last year according to the OFV, as the brand escaped the drop in sales it has seen elsewhere in Europe due to the controversies stoked by its founder Elon Musk. Chinese carmakers also boosted their share of the Norwegian market, climbing from 10.4 percent in 2024 to 13.7 percent in 2025.

© 2024 AFP

Tags: electric vehiclesnorwayrenewable energy
Share8Tweet5Share1Pin2Send
Previous Post

Orsted files lawsuit against US suspension of wind turbine leases

Next Post

Orsted files lawsuit against US suspension of wind turbine leases

Thomas Barnes

Thomas Barnes

Related Posts

Business

Chinese leasing firm CALC orders 30 Airbus A320neo planes

December 30, 2025
Business

French ban on ‘forever chemicals’ in cosmetics, clothing to enter force

December 30, 2025
Business

Eurostar suspends all Europe trains due to power problem

December 30, 2025
Business

Eurostar urges passengers to postpone journeys due to ‘major disruption’

December 30, 2025
Business

Russia to re-privatise airport that it seized

December 30, 2025
Business

France pushes back plastic cup ban by four years

December 30, 2025
Next Post

Orsted files lawsuit against US suspension of wind turbine leases

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

New York ruling deals Trump business a major blow

81

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

London stocks hit record as 2026 kicks off with global gains

January 2, 2026

Stocks make bright start to 2026

January 2, 2026

Asia stocks make bright start to 2026

January 2, 2026

Eurostar trains back with delays after power glitch sparks travel chaos

January 1, 2026
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2025 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.