Tesla Passes 1 Million EV Milestone & Model 3 Becomes All Time Best Seller
Elon Musk revealed on Monday that Tesla has just produced its millionth vehicle, a red Tesla Model Y.
Elon Musk revealed on Monday that Tesla has just produced its millionth vehicle, a red Tesla Model Y.
France, a market of over 2 million annual auto sales, saw plug-in passenger vehicle market share of 7.95% in February, following January’s record 11% share. Pure electrics (BEVs) took 5.6% of the market, and plug-in hybrids (PHEVs) 2.3%. The year-to-date EV market share stands at 9.3%.
February saw the UK plug-in passenger vehicle market share more than double year-on-year to 5.7%. Meanwhile, diesel vehicle sales dropped over 27% from February 2019, and now represent under 22% of the auto market, one of the lowest figures in Europe.
Where would the EV market be today if Tesla didn’t exist? This sounds like a silly question since many fans would say, “Duh, there wouldn’t be one.” Even as the market expands and new models arrive, I think that critics also know this.
Germany, Europe’s single largest auto market, saw February plug-in vehicle market share hit 6.9%, consolidating January’s growth trend. Meanwhile, February’s overall auto volume fell by 10.8% year-on-year in Germany, from 268,867 to 239,943, with combustion vehicles taking all of the losses.
Norway, the global leader in the transition to electric vehicles, has seen its strongest ever February with over 68% market share for plug-in passenger vehicles. The vast majority of plug-ins were pure electric (BEV), which took 49.7% of the overall market.
Next time you see an article with a blaring headline about solar panel chemical breakthroughs or hydrogen, consider giving them a pass and reading about actually useful advances that are making a difference to the world.
It seems like e-Mobility has become the new tech market for all types of investors. Companies like Tesla, Rivian, Byton, Bird, Tier Mobility, Sono Motors, and ChargePoint are the new Facebooks of this era. Besides venture capitalists (VCs), many corporate venture entities of Fortune 500 companies stepped in last year.
The share of variable renewable energy (VRE) — mainly solar and wind — generation on U.S. regional power systems more than doubled on average from 2012 to 2018, according to the newly released 2018 Renewable Energy Grid Integration Data Book.
New record sales mean that exactly 10 times as many full electric cars were sold in February 2020 compared to the same month last year.