Sweden probably isn’t one of the first countries that come to mind when talking about electric vehicle leaders, but plug-in vehicles have a higher market share there than in almost any other country in the world. In 2019, 11% of auto sales were sales of plug-in vehicles.
The European passenger plug-in electric vehicle (PEV) market landed some 55,000 registrations in November (+44%), with the Dutch market and plug-in hybrids (+80% year over year, or YoY) pulling the market up the most, while fully electric vehicles (BEVs) were waiting for the 2020 flood (+23%, their lowest growth rate since June 2018).
Something clicked in the German plug-in vehicle market after the summer holidays. After two consecutive record months, November saw 10,985 units registered, only the second five-digit performance in Germany’s history, after the record 11,926 units of October. It seems Europe’s e-locomotive has finally been set in motion, which is a promising sign for 2020.
The French plug-in electric vehicle (PEV) market had 5,540 registrations in November, with fully electric vehicles (BEVs) dropping 10% year over year (YoY), to 3,201 units. However, plug-in hybrids (PHEVs) took the fast lane and were up 80%.
The Dutch plug-in electric vehicle (PEV) market is back at year-end-rush mode, doubling sales in November to 7,205 registrations. That translates into a PEV share of 18% in November, and pulls the 2019 PEV share to a record 11%.
Norway gets most of the glory for electric vehicle sales leadership, or China does for the sheer volume of sales there (approximately half of the global market), but there are a few other country markets with notable electric vehicle market share (if not volume) that are fun to track and interesting to compare to Norway. One of those markets is Sweden, which very quietly sits near the top of EV market share rankings.
The European passenger plug-in vehicle (PEV) market recorded some 48,000 registrations in October (+46%), and this time it was the plug-in hybrids (+75% growth year over year, or YoY) that pulled the PEV market up. Fully electric vehicles (BEVs) remained at cruising speed (+26%), leading to a nearly even (51% BEVs / 49% PHEVs, vs. 65% / 35% YTD) breakdown between both technologies in October.
The European passenger plug-in vehicle market scored some 59,000 registrations in September (+76% year over year), with fully electric vehicles (BEVs) stepping up the pace and reaching a record score of 41,001 units, earning its first three-digit growth rate since July 2014 (+109%).
The German plug-in electric vehicle (PEV) market continues on the fast track in September, having scored a new record, 9,452 registrations, which doubles last year’s result. Fully electric vehicles (BEVs) were up 150% year over year (YoY), and this time plug-in hybrids (PHEVs) were also helping (+51%), allowing the PEV share to reach a record 3.9% share last month. BEVs alone hit a best ever, 2.4%. That pulled the 2019 plug-in share to 2.7% (1.7% BEV).
After a strong start of the year, May saw the Chinese plug-in market hit the brakes. With some 104,000 registrations in the month, the plug-in vehicle (PEV) market was up only 2% year over year (YoY). However, because the mainstream market is falling significantly (−17%!), the May PEV share reached an amazing 6.6%, pulling the 2019 PEV market share to 5.6%, well above the 2018 result (4.2%).
