Volkswagen ID.3 Overtakes Tesla Model 3 as Norway’s Top-Selling EV
After performing admirably in the Netherlands during Q3 2020, Volkswagen’s ID.3 has taken over the globally successful Tesla Model 3 as the top-selling electric vehicle in Norway, according to data from Elbil Statisikk (via The Driven).
Volkswagen, a German original equipment manufacturer operating in the global automotive industry, became a legend in the auto industry for the production of Internal Combustion Engine (ICE) cars and their parts. However, the company is swiftly redirecting its resources to EV development to gain a foothold in the burgeoning industry.
Norway’s local importer of Volkswagen said on October 7 it hopes its EVs will account for 90% of its total sales in the country by 2021, and completely replace ICE vehicles by 2023, according to Reuters.
“This allows us to be confident in saying we can hit 90% electric car sales next year,” said Harald A. Moeller AS, the Norwegian importer of Volkswagen cars, including the Audi, Skoda and SEAT brands.
“Customers will have access to an even greater selection of electric cars in most segments in 2021,” he added.
Volkswagen launched the much-awaited ID.3 in September, and the vehicle quickly rose to the top of Norwegian sales charts. The ID.3 became Noway’s top-selling electric car, beating both the Tesla Model 3 and the Polestar 2 with units sold:
- VW ID.3 – 1987
- Tesla Model 3 – 1116
- Polestar 2 – 928
Records indicate a staggering 61.5% of all cars sold in Norway during September were EVs — a substantial increase from last year’s 42.4%.
Number of cars registered in Norway in September 2020 and % share EV. Note that these numbers are not including imports, so will probably be a little higher at https://t.co/RCpRAa4kY1 pic.twitter.com/ciwa0gdQgH
— Lasse Edvardsen (@nasalahe) October 1, 2020
The ID.3’s impressive success has resulted in Volkswagen’s shares trading at 1.43% to €139.44. That is nevertheless a collective decrease of 20% from the beginning of this year, but much of that can very well be attributed to the ongoing pandemic.