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Electric cars grab 44% market share in Norway in January

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An electric Mustang Mach-E car is displayed during its launch in Oslo, Norway November 18, 2019. Picture taken November 18, 2019. REUTERS/Lefteris Karagiannopoulos

OSLO (Reuters) – Electric cars accounted for a 44.3% share of Norway’s new car sales in January, rising from the year but well below the 50-60% range the industry forecast for 2020, data from the Norwegian Road Federation showed on Monday.

In January 2019 electric cars made up 37.8% of sales in the Nordic country and climbed in subsequent months to an overall 42.4% market share for the full year.

Reporting by Terje Solsvik; Editing by David Goodman

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via Reuters