Norway Electric Vehicle Market Share

Market Share of Norway Electric Vehicle Industry

The Norway Electric Cars Market is moderately consolidated, with the top five companies occupying 28.01%. The major players in this market are AB Volvo, Hyundai Motor Company, Nissan Motor Company Ltd., Tesla Inc., and Volkswagen AG. Major players in the region are focusing on expanding their presence in the region. For instance,

• In January 2023, Bilia Norge AS became an importer and dealer for Great Wall Motor's automotive brands in Norway. Great Wall Motor's establishment comprises import activities as well as dealer operations with automobile sales and aftermarket services. Great Wall Motors' electric car brand ORA will be marketed in Norway in the first half of 2023. The partnership with Bilia allows Great Wall Motor to introduce more automobile brands in Norway in the future.

Hence, such developments in the near future are expected to drive the market in the region.

Norway Electric Vehicle Market Leaders

1. Audi AG

2. Hyundai Motor Company

3. Nissan Motor Company Ltd

4. AB Volvo

5. Tesla Inc

*Disclaimer: Major Players sorted in no particular order