Norway’s auto market saw plugin EV volume explode to take 87.6% share in December, with huge numbers of BEVs registered, and overall auto volumes double those of seasonal norms. The freak volume in December 2022 resulted from one-off pull-forward effects ahead of new policies and auto taxes applying from 2023 onwards.
BEVs saw pull-forward sales, with volume around 2.5x their previous monthly record, ahead of new weight taxes, and VAT taxes. Petrol vehicles also saw a relative sales surge ahead of increased emissions taxes. Several interesting new BEV models joined the market, and the Tesla Model Y was the overall best seller.