Norway tops the global EV market
News
8 Jul 2015
According to the latest analysis from IHS Automotive, Norway continues to lead the global electric vehicle (EV) and plug-in hybrid vehicle (PHEV) market.
In first quarter 2015, Norway ranked first as measured by market share of EV and PHEV registrations in a given quarter for eight countries; with a staggering 33 per cent of all new cars registered having an electric power-train.
With EVs and PHEVs representing one third of new vehicles registered in Norway during the first quarter of this year, Norway leads the first quarter rankings with just over 8,000 units, and achieved a 41 per cent increase in volume over the same period last year.
The analysis also revealed that the Netherlands experienced the second highest growth, with 5,700 units registered (5.7 per cent of the market), while the UK 8,684 unites registered - representing 1.2 per cent of the new car market. In the last 12 months, the UK has also seen a 390 per cent surge in EV sales.
In terms of absolute sales, the U.S. and China continue to lead all countries based on volumes of new EV/PHEVs registered during the quarter, with nearly 15,000 registrations in the U.S. and nearly 13,000 registrations in China.
