Norway’s BEVs set record volume in November – Tesla Model Y leads
Plugin electric vehicles accounted for 89.3% of the car market in Norway in November, down from 91.2% year-on-year. However, BEVs grew their share year-over-year from 73.8% to 81.6%. Plug-in hybrids continued to decline, falling to 7.7% from 17.4% year-over-year. Vehicle volumes totaled 19,513 units, up nearly 28% year-on-year. The Tesla Model Y was a top seller in the month of November.
November’s combined plug-in market share of 89.3% consisted of 81.6% pure electrics (BEVs) and 7.7% plug-in hybrids (PHEVs). Stock comparison with 73.8% BEV and 17.3% PHEV a year ago.
On the back of a strong month in total vehicle volumes, BEVs saw their highest ever monthly registration volumes, with 15,915 units. Their share was the second highest ever, from March this year (86.1%).
With the share of BEVs growing steadily, PHEVs have continued to crowd out. They’ve accumulated just an 8.1% share of the auto market this year, compared to 21.5% by this time in 2021.
Combustion-only engines saw their lowest share ever, together capturing just 3.4% of the market (only 1.2% petrol), with a total volume of 667 units.
best selling BEVs
Tesla returned to delivery volume in November, with 3,309 Model Y units signed up, nearly 3 times the number of runner-up, Volkswagen ID. The BMW i4 was third, just ahead of its BMW iX sibling.
The BMW i4’s volume of 908 units was its biggest month to date, more than 3 times the previous peak (back in May this year). Likewise, the Volvo XC40 saw its largest ever monthly volume, with 842 units.
As far as newer models debut: The Toyota BZ4x, which debuted last month (after initial teething issues), saw a good 342 units, though it may catch up on the order backlog, rather than indicate continued order volume, time will tell.
Outside the top 20, VW ID.Buzz continued to grow, reaching 215 units in November, which put it in 22nd place. Likewise, the Nissan Ariya set a new record of 163 units, taking 25th place.
Moreover, the new MG4 continued its climb steadily, scoring 70 units in November (from 55 previously). The new Nio ET7 saw commercial volume for the first time, with 32 units. The Nio ET7 is a large luxury sedan (about 70,000 euros) with a range of almost 600 km, which recently won the coveted German “Golden Steering Wheel” award.
The new Nio outperformed the new BMW i7 in the same class (24 units) in November. It will be interesting to see which of these two luxury sedan models see more volume over time, although BMW’s price is much higher (about €115,000 in Norway).
Now let’s move on to the long-term results:
Thanks to strong deliveries in September and November, the Tesla Model Y took the top spot by a large margin, retaking the top spot from Volkswagen id. Volkswagen had previously held the lead (May-August period) while Tesla production in Shanghai was erratic. Skoda Stylish remained in third place.
Now that Tesla has decent levels of domestic European production of the Model Y (as well as Shanghai Production), it’s hard to see the ID.4 regain the top spot in the near term. It would also require a mass-market-priced car (like an MG4 or similar) to replace Tesla from this point on, but only if production volumes are there—which is a big demand in the short term.
Another advantage of Tesla is its ability to get its products in the hands of customers without making them wait the 12-month wait that many other brands offer. For Norwegian customers, the Model Y can be delivered in as little as two months (Jan 2323 if ordered today).
Here are the top climbs from May to August:
Just outside the top twenty, the Renault Megane – still downhill – already 22nd, could be close to top 10 on his current course. Likewise, the Volkswagen ID. buzz, And the Nissan Ariya, Both of them are still escalating in size and climbing the ranks, and they may be appearing in the top 20 soon.
Ground lose models:
Some of these movements are due to changing supply allocation, rather than large changes in demand.
For a recent update on the Norwegian fleet’s transition to EV, take a look at last month’s report.
prospects
As Tesla’s monthly delivery volumes in Europe are now more consistent, BEV’s share in Norway is regularly around 80% per month, and growing. New affordable BEV models are emerging, and ramping up, to help fill the remaining unmet niches in Norway’s car market.
We can expect December to produce record BEV share in the mid-80s percentage range, and total BEV share in the low 90s.
What do you think of the remaining path towards 100% EV in Norway? Please jump into the comments below and join the discussion.
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