Published on July 6th, 2020 | by Dr. Maximilian Holland0
Tesla Model 3 Remains In Top 10 Autos In June As UK EV Market Share Hits 9.5%
July 6th, 2020 by Dr. Maximilian Holland
The UK, Europe’s third largest auto market, saw plug-in electric vehicle market share hit 9.5% in June 2020, up from 2.1% in June 2019. Accumulated EV market share for H1 2020 now stands at 7.7%. The ever popular Tesla Model 3 was the 9th best selling passenger vehicle in June.
The overall plug-in electric vehicle share of 9.5% consisted mainly of full battery electrics (BEVs), which took 6.1% of the total market (8,903 sales), whilst plug-in hybrids (PHEVs) took 3.4% share (4,926 sales).
The Tesla Model 3 yet again joined the monthly best sellers list, this time at the #9 spot:
June 2020 UK Best Sellers / Image courtesy UK SMMT
Note that all other members of the top 10 are in much lower price brackets than the Tesla Model 3. The nearest priced is the Mercedes-Benz A-Class, which starts from under £24,000. The Model 3 starts from just over £40,000.
The Model 3 — alone taking almost 20% of the UK EV market — very nearly made the top 10 bestseller list of all UK vehicle models in the first half of 2020, only missing 10th place by around 5% in sales volume (~9,600 vs. 10,100 by my back-of-napkin estimation).
Plug-in EVs as a whole took over 7.7% UK market share in the first half of the year, up from 2.1% in the same period last year.
UK auto industry body the SMMT noted that continued lockdown of most auto showrooms in Scotland and Wales, and 20% of showrooms in England, weighed on the UK’s overall auto market volume. Taken together, these continued lockdowns go much of the way towards accounting for the 34.9% drop in monthly auto sales compared to the June 2019 figure.
With ever more compelling and affordable EVs coming onto the market — if available volumes can keep up with demand — the UK should see full year 2020 EV market share in the 8% to 10% range, similar to the trajectory of Germany, and slightly behind that of France.
Article images courtesy of SMMT and Tesla.
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