KIMTF - Norway's BEV Market Grew 40% In January But Tesla's Sales Fell 13%
The first month of 2019 came to an end, and so we have to talk about the electric car market in Norway again. And Tesla (TSLA), given it's the main pure stock play on this market.
First, Norway. This little country of barely five million people recently passed 200,000 battery-electric vehicles (BEVs) registered. 209,265 units as of this writing - morning of Feb. 1 - to be precise.
That makes Norway by far the most important country for BEV sales on a percentage basis. Almost half of all new cars sold in Norway