OSLO -- Electric vehicles accounted for more than half of Norway’s car sales in March following record registrations of Tesla’s Model 3 sedan.
Last month, registrations of full-electric vehicles climbed to 58.4 percent of the total market sales, according to figures released on Monday by the Norwegian Road Federation.
With 5,315 new cars registered, Tesla’s Model 3 accounted for 29 percent of new-car sales. That beat the previous record of 2,172 held by the Nissan Leaf.
Per inhabitant, Norway already has more electric cars than any other global market thanks to generous incentives that exempt battery-powered cars from taxes imposed on diesel and gasoline cars. The country aims to end fossil-fueled vehicles sales by 2025.
In 2018, Norway's full-electric car sales rose to a record 31.2 percent market share from 20.8 percent in 2017, far ahead of any other nation, and buyers had to wait as producers struggled to keep up with demand.
Teslas are flowing into Norway, the company’s fourth-biggest market worldwide, as it steps up deliveries of the Model 3, a car designed to be more affordable than previous models. The roll-out will be a test for CEO Elon Musk as he tries to make the company profitable and move on from a bumpy 2018.
Full-electric cars’ share of new registrations also hit a record in the first quarter as a whole, at 48 percent, according to the Norwegian Electric Vehicle Association. The group expects that proportion to remain about 50 percent for 2019 as a whole, it said in a separate statement.
Reuters contributed to this report