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That's awesome! The country's share of electric vehicles exceeds 96%

2024-11-05 Update From: AutoBeta NAV: AutoBeta > News >

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AutoBeta(AutoBeta.net)10/07 Report--

Norway, which is rich in oil resources, has developed into a big country of electric vehicles, and the country's electrification level has been far ahead of the world. According to the latest figures released by Clean Technica, the share of new energy vehicle sales in Norway rose to 97.5% in September 2024 from 93.0% in the same period in 2023, reaching an all-time high since August 2024. It is understood that Norwegian new energy vehicle sales in that month were 12966, up 25 per cent from a year earlier.

With the implementation of new European safety regulations in July this year, many traditional fuel vehicles gradually withdrew from the market, making pure electric vehicles almost the only choice for users, with a market share of 96.4% in September, "overwhelmingly" ahead of other power systems. Even though plug-in hybrids are still sold, their market share is only 1.13 per cent, close to 1.10 per cent of hybrids, while diesel and gasoline vehicles are almost extinct locally, with market shares of 1.04 per cent and 0.37 per cent, respectively.

Although Norway is a major oil and gas producer, sales of electric vehicles are growing, driven by government incentives and tax breaks, and has set an ambitious goal of selling only zero-emission cars by 2025. According to the latest vehicle registration data released by the Norwegian Highway Federation (OFV), the number of electric cars in the country has exceeded that of gasoline vehicles. As of the end of September, the proportion of pure electric vehicles in Norway reached 26.5%, to 760903, and plug-in hybrid vehicles accounted for 7.2%, 208020. At present, more than 95% of new cars on the Norwegian market are pure electric cars.

From the perspective of car segments, the top two models came from Tesla. Tesla Model Y and Model 3 sold 2105 vehicles and 2062 vehicles respectively, while Volvo EX30 ranked third with 741 vehicles. It should be noted that among the Chinese car brands sold in Norway, only the Xiaopeng G6 ranks 13th in the top 20 of Norwegian electric vehicle sales with 176 vehicles.

Chen Wenlin, Economic and Commercial Counsellor of the Chinese Embassy in Norway, said that at present, nearly 10 Chinese new energy vehicle companies have landed in Norway, and the best sellers are Chinese brands with European "pedigree" such as Volvo, Jixing and Mingjue. Red Flag and Weilai are gradually increasing their market share. He believes that, unlike some EU countries, such as Germany and France, Norway does not have local car companies, and its policies on green development and climate change are consistent with those of China, which creates conditions for Chinese brands of new energy vehicles to have equal opportunities for competition in the Norwegian market. As a country that is open to new energy vehicles, more and more Chinese electric vehicle companies also plan to go to sea in Norway. Brands such as Xilai, Red Flag, Xiaopeng, Lantu and BYD all sell new energy vehicles there.

By the end of September, Norway had sold a total of 91798 new cars, of which 80930 were electric vehicles, accounting for 88.2%. Among Chinese car brands, Mingjue MG, BYD, Polester Polar Star and Xiaopeng sold 4352, 1663, 1572 and 1232 respectively, a total of 8819, accounting for 10.9% of electric vehicle sales, mainly from BYD and Xiaopeng.

Some industry insiders believe that the next country where the number of electric vehicles exceeds that of gasoline vehicles may be China. " The Chinese government has given strong policy support to the new energy vehicle industry, including the reduction and reduction of vehicle purchase tax, the optimization of charging infrastructure construction, and the activities of new energy vehicles going to the countryside. With the continuous progress of technology and the further maturity of the market, the market penetration of China's new energy vehicles will continue to increase, thus promoting the number of electric vehicles to exceed gasoline vehicles. "

As the global focus on reducing carbon emissions and promoting green travel deepens, more countries will achieve a major shift in the number of electric vehicles over gasoline vehicles in the future. Policy support, technological progress, cost reduction and increased consumer awareness will be the main factors driving this trend. In August this year, China's electric vehicle market share has surpassed that of traditional fuel vehicles, and the electric vehicle penetration rate reached an all-time high in September.

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