Electric Cars Reach 89% of Iceland’s October Registrations
By Google News Motors ·
Fully electric cars accounted for an estimated 89% of new passenger-car registrations in Iceland in October. This was one of the highest monthly shares ever recorded in the country.
The jump came before electric-car purchase grants fell by ISK 100,000 on 1 November and the maximum eligible vehicle price was reduced by ISK 2 million.
The October surge followed a policy change that reduced Iceland’s electric-car grants from 1 November. The Icelandic Automotive Association says buyers may have brought purchases forward to qualify under the earlier rules.
A total of 11,641 new passenger cars were registered from January through October, 1.7% more than in the same period of 2025. Electric vehicles represented 54.3% of that total, compared with 36% a year earlier.
The market shift is sharper than in earlier Icelandic registration data. Conventional hybrids accounted for 19.5% of registrations and plug-in hybrids 17.1%; petrol and diesel cars together fell below 9%.
The transition also matters for national and municipal climate policy. Reykjavík, for example, has set an accelerated carbon-neutrality target, while changes in purchase incentives may influence how quickly the vehicle fleet changes.
Originally published by Google News Motors
