January 3, 2020 / 9:19 AM / 3 months ago

Electric cars rise to record 42.4% market share in Norway in 2019

OSLO, Jan 3 (Reuters) - The sale of new electric cars in Norway rose by 30.9% last year amid soaring demand for Tesla Inc's vehicles, but the pioneering U.S. firm faces rising competition from rival auto makers in 2020.

Fully electric cars made up 42.4% of sales in the Nordic nation last year, a global record, rising from a 31.2% market share in 2018 and just 5.5% in 2013, the Norwegian Road Federation said on Friday. (Reporting by Victoria Klesty and Lefteris Karagiannopoulos, writing by Terje Solsvik, editing by Gwladys Fouche)

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