Tesla’s new car registrations in Norway jumped by 213% year-on-year in May, reaching 2,600 vehicles, boosted by strong demand for the revamped Model Y SUV.
Tesla saw a dramatic rebound in Norway last month, with May sales rising 213% compared to the same period last year, according to data released Monday. The surge, totaling 2,600 vehicles, was largely attributed to the popularity of the updated Model Y — Norway’s best-selling car for the third consecutive year.
Overall, Tesla's year-to-date sales in Norway are up 8.3% compared to the first five months of 2024, indicating a steady recovery in a market increasingly dominated by electric vehicles.
Norway remains a global leader in EV adoption. According to the Norwegian Road Federation, 92.7% of new cars sold so far this year are fully electric, putting the country on track to meet its ambitious goal of eliminating petrol and diesel vehicle sales.
In an effort to boost deliveries amid wider European sales challenges, Tesla is offering zero-interest financing to Norwegian buyers who take delivery of a new Model Y before the end of June. Similar offers are being extended to customers in several other European markets.
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Ukraine’s President Volodymyr Zelenskyy said on Monday that Kyiv wants peace but will not surrender to Russia, as foreign leaders joined Independence Day events marking 35 years since Ukraine’s independence.
A newly created pro-government political party has secured a commanding victory in Kazakhstan's snap parliamentary election, according to exit polls, strengthening President Kassym-Jomart Tokayev's influence at a pivotal moment in the country's political transition.
Ukrainian President Volodymyr Zelenskyy has rejected calls for a wartime election, arguing that holding a vote while Russia's full-scale invasion continues would divide the country and undermine national unity.
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Kazakhstan has received a fresh vote of confidence in its economy after S&P Global Ratings upgraded the country’s credit rating, citing stronger public finances, solid reserves and steady economic growth.
AnewZ Business Europe, a new weekday programme, takes viewers inside companies driving growth and innovation across the continent, with Brickken CEO Edwin Mata joining the programme for its first episode with host Chief Global Editor Guy Shone. The show airs every Friday.
Once associated mainly with Muslim-majority countries, Islamic finance has become a global industry. Its assets reached around $5.98 trillion in 2024, according to ICD-LSEG, as more countries explore Shariah-compliant finance.
Fuel restrictions have returned to parts of Moscow and the surrounding region, adding another strain to Russia’s economy as refinery outages and rising imports weigh on the rouble.
Azerbaijan exported goods worth $17.372 million to Armenia between January and July 2026, according to data from the State Customs Committee, as commercial ties between the two South Caucasus neighbours showed signs of expansion.
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