The Dutch plug-in vehicle (PEV) market grew 51% in February, to 3,685 plug-in registrations. So, after a light hangover (-2% year over year/YoY) in January, the Dutch plug-in market is back on track, with last month’s PEV share at 12%, pulling the year-to-date PEV share to 9.4%.
Sweden’s plug-in passenger vehicle sales grabbed 24.3% market share in February, more than doubling year on year from 11.8% in February 2019. Internal combustion engine (ICE) vehicle sales declined dramatically, with petrol vehicle sales falling 24% and diesels falling a massive 36% compared to February 2019.
The European passenger plug-in vehicle (PEV) market scored a near-record 75,000 registrations in December (+121%!), this being the first time since 2015 that the European PEV market scored a three-digit growth rate, with plug-in hybrids/PHEVs growing faster (+174% year over year, or YoY) than fully electric vehicles/BEVs (+89%), with the powertrain breakdown becoming more balanced between both.
Many of the world’s automakers are finding they don’t have enough batteries available for the electric cars they are building. Audi last week reportedly shut down it e-tron factory for 4 days because of a battery shortage.
It is a luxury problem every company likes to have — the customer base of Dutch charging provider Fastned grew by 30% or 30,000 drivers in Q4 2019. Luckily, the Fastned network was never sized to facilitate existing demand. It was built to create and service future demand.
The French plug-in passenger electric vehicle market broke all of its previous records in January, with all-electric models jumping 258% to 10,952 units and plug-in hybrid electric vehicles surging 238% to 3,813 registrations.
Top U.S. electric vehicle sales of 2019 and 2018 reflect several different things and could show a glimpse into what 2020 looks like for some of these automakers.
A lot of the OEMs have not expressed any interest in bringing EVs to the rest of Africa anytime soon. With the majority of them struggling to meet demand in their home and traditional markets, it doesn’t look like Africa will be a priority anytime soon.
January saw fossil fuel passenger vehicle sales plummet in Sweden by almost 40% year on year, with diesels more than halved, as plug-in vehicle market share climbed to over 30%. Sweden’s auto industry organization expects 30% to be maintained through the full year of 2020.
The European plug-in electric vehicle market registered a record 77,000 vehicles in December (+88%!), with the Dutch market most helping to pull the market up. Fully electric vehicles (+91% year over year) grew a bit faster than plug-in hybrids (+81%), with the powertrain breakdown becoming even more friendly to fully electric vehicles (68% to 32% in December, versus 64% to 36% in 2019).
