Norway March 2026: BEVs at record 98.4%, Tesla hits highest share in 3 years

The Tesla Model Y holds 24.2% of the Norwegian market in March.

After two month handicapped by an increase in the VAT for BEVs, the Norwegian new car market is back to its splendid self in March at +32.9% year-on-year to 17,685 units. The Q1 result is down -14% to 27,175. BEV sales are up 55.5% to 17,406 units and 98.4% share, a new record eclipsing the previous best of 98.3% hit in September 2025. The March 2025 BEV share was 84.1%. Over Q1 BEVs account for 97.9% of the market, up from 90.6% a year ago. Meanwhile PHEVs drop -89.6% to 126 and 0.7% share, diesel is also at 0.7% share vs. 1.8% in March 2025, petrol is at 0.1% vs. 0.8% and HEVs at 0.03% vs. 0.4%.

Tesla surges 178.2% to 34.8% share, its highest since March 2023 (40.8%) which is still a record. Volvo (+38.7%) leapfrogs past Toyota (+32.2%) and a struggling Volkswagen (-18.1%) to rank #2 for the month and ascends to #3 year-to-date. Skoda (+93.9%), BYD (+139.1%), Xpeng (+62.5%) and Peugeot (+62.1%) all soar. Meanwhile Zeekr (+388.9%) breaks all its records at #12 with 308 sales and 1.7% share.

Model-wise, Tesla manages a 1-2 for the first time since last November, with the Model Y (+135.3%) in the lead at 24.2% share, its highest since September 2025, followed by the Model 3 (+381.9%) at 10.5% share, its highest since last November. The Volvo EX40 (+436.3%) repeats at #3 ahead of the Toyota bZ4X (+68.2%) and Volvo EX30 (+72.2%). The BYD Sealion 7 (+211.1%) is up 29 spots on February to #7, the new Toyota Urban Cruiser is down four to #8, the Skoda Elroq (+2383.3%) ranks #9 and the BMW iX3 (+2587.5%) is at #10.

Previous month: Norway February 2026: Tesla and Model Y back in charge, Xpeng G9 up to #5

One year ago: Norway March 2025: Market up 36.5%, Tesla Model Y at 16.6% share

Full March 2026 Top 53 All brands and Top 180 All models below.