The Chinese market had more than 32,000 new electric cars zooming the streets last month, an 89% increase over the same month last year, with the annual growth rate now at 31%. The EV market share is firmly above the 1% barrier, at around 1.4%. As the year proceeds and sales expand, expect market share to rise above last year’s result (1.45%), maybe reaching north of 2% share, something the US is yet to do.
The European EV market had over 16,000 registrations last month, up 20% over February 2016, with YTD numbers up 38% year over year (YoY). The market is set to surpass 300,000 units (310,00) by year end. While the EV share is firmly north of the 1% mark, this growth is in no small part due to a refreshed BEV, that’s just gotten a 40 kWh battery.
The Chinese market had more than 16,000 new EVs zooming the streets last month, a 55% increase over the same month last year, so it looks like the January standstill is a thing of the past and we are back at business as usual in China’s EV market.
In January, SAIC and BAIC took over the top positions. Tesla also moved up, benefitting from the local sales drought to post a best ever #5 position. Here are last month’s top 5 best selling EV models…
The European EV market had some 19,000 registrations last month, up 31% year over year (YoY), with the Renault Zoe starting the year in the leadership position again.
The European EV market had approximately 30,000 registrations last month, down 11% over the same month last year. This sales slip, however, had to do with the incentives-derived sales rush of the last quarter of 2015.
The Chinese market had 44,874 new electric cars in December, far from the 60,000 expected by analysts, but still up 27% year over year (YoY). That pulled the plug-in market share to a record 1.45%, above the USA (0.8%) and Europe (1.3%).
The European EV market had more than 18,500 registrations last month, 5% down over the same month last year. This sales slip has to do with the incentives-derived sales rush in the last quarter of 2015 in some major EV markets, so expect this trend to continue through December. Last month, the top spots remained more or less like in October:
The Chinese market had a record 43,441 new electric cars zooming the streets in November, up 36% over last October and 56% year over year (YoY), pulling the plug-in market share to a record 1.4%, above the USA (1.1%) and Europe (1.2%).
The European electric car market had more than 17,000 registrations last month, 1% down compared to October 2015. This sales slip surely has to do with the incentives-derived sales rush in the last quarter of 2015, so expect this trend to continue throughout the end of this year. In October, we saw a balanced ranking in the top spots
