New registrations of heavy vehicles were at a stable level overall during the second quarter, and the biggest changes went in a positive direction. At the same time, electric vehicles continue to gain ground in the Nordics.
Light trucks had a very strong registration quarter in the Nordics. Denmark and Finland ended just below the level of Q2 last year, with decreases of 0.4 and 6.2% respectively, while Norway and Sweden increased by 14.5 and 25% respectively.
For trucks in the N2 segment the picture was somewhat more mixed. In Denmark, registrations fell by just over 20%, and Sweden ended one percent below last year's level, while Finland and Norway increased by 15 and 24% respectively.
The N3 segment landed very close to the results for Q2 2025. Denmark and Norway ended the quarter with decreases of 10.3 and 5.3% respectively. Sweden and Finland finished just in positive territory: +1.1% in Finland and +2.8% in Sweden.
Electricity is gaining ground among heavy vehicles
Looking at the distribution between powertrains, it becomes clear that Finland lags far behind when it comes to electric shares in all three segments. Among light trucks, Norway leads with an electric share of 55.9%. Denmark, with strong growth of over 50%, has increased its electric share to 44.1% in Q2, while Sweden lands at 28.7%. Finland's electric share for light trucks has decreased by 24% compared with Q2 2025 and lands at 15.2%.
Teemu Rennola, CEO of Finland's Value Clinic, gives the following analysis of the situation in Finland:
“Finland's economic situation is clearly reflected in the light truck market – registrations fell by 6.2 percent in the second quarter, and the share of electric light trucks fell by 24 percent. Uncertainty is still great in this segment, and there are no clear signs of improvement in sight. Interestingly, the rising fuel prices resulting from the crisis in the Middle East have not steered demand towards electric drive – registrations of both electric and gas-powered trucks were unchanged or decreased. This shows that it is less about price and more about a general economic caution, where companies are postponing investments in their vehicle fleets.”
For trucks in the N2 segment, electric is the dominant powertrain in Denmark (55.6%), Norway (62.4%) and Sweden (63.8%), while Finland only reaches an electric share of 5%. The electric shares in Sweden and Denmark have decreased slightly in Q2.
In the N3 segment, the electric share is increasing across the board, although the levels are still relatively modest. In Denmark, the electric share in Q2 lands at 6.2% (+140%), in Sweden at 10% (+50%), in Norway at 16% (+122%) and in Finland at 2.2% (+6.5%).
Jonathan Schacht Halling Nielsen, deputy CEO of Mobility Denmark, comments:
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Figures and data from the article may only be shared with a clear reference to the source:
Danish data: Bilstatistik.dk
Swedish data: Bilstatistik.se
Norwegian data: Opplysningsrådet for veitrafikken
Finnish data: Value Clinic (Finnish Transport and Communications Agency Traficom, Transport and Traffic Register)