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EVs market share continues to grow in Norway

Push EVs

plugin hybrids (PHEVs). The new equilibrium across BEVs, PHEVs, and plugless hybrids (HEVs), remains to be seen in the coming few months. One might hope that PHEVs > HEVs > combustion-only vehicles, and that BEV growth will continue to compress all of the others. Overall auto volume was 7,439 units, down some 9% YoY.

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Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

At the start of 2023, PHEV subsidies were phased out, resulting in lower PHEV sales compared to 2022, and in December 2023, all EV subsidies ended after a ruling on the Climate and Transformation Fund. In FY2024, electric car and SUV sales in India jumped 90% to over 90,000 units.