Hyundai will only offer EVs in Norway from 2023

From January 1, 2023, Hyundai will only sell electric cars in Norway. The South Korean car manufacturer will then stop offering hybrid cars in the Scandinavian country. Norway will be the first country where Hyundai makes such a decision.

The South Korean car manufacturer does not concretely motivate its decision, but does state that it currently has a market share of 93 percent in Norway in terms of sales of electric vehicles. Since 2020, the car brand is said to have sold more than 25,000 passenger cars in the country, and about 90 percent of those were fully electric cars. The share of expected sales that Hyundai says goodbye to with this move therefore seems limited.

Since 2020, the Asian car brand has only been selling plug-in hybrid passenger vehicles in Norway and no longer passenger vehicles with only a combustion engine. It is unclear whether Hyundai will soon offer only electric cars in other countries in the European Union. The EU decided this summer to ban the sale of cars with a combustion engine from 2035.

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