Norway continues to lead the global electric vehicle/plug-in hybrid vehicle (EV/PHEV) market, according to recent analysis by IHS Automotive. With EV/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% increase in volume over the same period in 2014.
No import taxes on EVs, among other incentives, have made these vehicles a viable alternative to internal combustion engine vehicles in Norway. The Volkswagen e-Golf was the dominant model among consumers in Norway during the first quarter, the analysis reports.
The Netherlands experienced the second largest growth in electric vehicle share in the first quarter, with more than 5,700 units registered, representing 5.7% of the market during the quarter.
The U.S. and China led 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. However, market share in the U.S. and China remains low, with these vehicles accounting for just 0.8% and 0.3% respectively of the market during the quarter, according to IHS.
Source: IHS Automotive