News reports out of Norway highlight a large cutback in sales at Oslo’s largest Mercedes dealer, Bertel O Steen. Norwegian car sales have increased by 4 percent over last year, but there has been a large shift away from gas and diesel vehicles, and toward electric vehicles.
The first part of this two-part series involved a thorough examination of exactly what kind of business Tesla is, and how it fits into the broader market segments it serves. This second part covers the author’s personal experience with Tesla vehicles and how those vehicles compare to others on the market today and tomorrow.
The German plug-in electric vehicle (PEV) market continued on the right track in April, having scored 7,771 registrations. Fully electric vehicles (BEVs) grew at a faster pace, +50% year over year (YoY), than plug-in hybrids (PHEVs), +14% YoY, contributing to an all-electric share in 2019 of 67%, far above the 2018 result of 53%.
The European passenger plug-in vehicle market had a record 60,000 registrations in March, growing 38% compared to the same period last year, a good performance considering the stagnating mainstream market (−4% year over year, or YoY).
The Dutch plug-in electric vehicle (PEV) market had another positive sales month in April, with 2,520 plug-in vehicle registrations, up 150% year over year (YoY). That translated as a PEV share of 8% across the overall auto market, pulling the year-to-date (YTD) count to 12,944 units, and keeping the 2019 PEV share at 9% — above last year’s final result.
The French plug-in electric vehicle (PEV) market had 4,542 registrations in April, up 43% YoY, with a big portion of this growth coming from pure electric vehicles (BEVs). In total, BEVs scored 3,222 deliveries last month (+70%), with those all-electric cars representing 71% of all plug-in vehicle sales. This growth is even more significant when we realize that the overall vehicle market remained stagnant (+0.4%).
EVgo has become the first EV charging network in the United States to contract 100% of the energy needed to power its customers with renewable energy this week. This was made possible thanks to a host of new renewable energy purchase contracts and Renewable Energy Credit purchases that all of the electricity consumed by customers on its charging network directly support renewable energy generation.
Volkswagen will today host a livestream from Berlin to launch the initial phase of the ID. hatchback pre-booking process. (Yes, the name now includes a period at the end.) You can watch the livestream here from 13:00 Central European Time.
After a great start of the year, the German plug-in electric vehicle (PEV) market continued on the right track in March, up 42% year over year (YoY) to 9,677 registrations. Fully electric vehicles (BEVs) grew at a fast pace (+75% YoY), while plug-in hybrids (PHEVs) remained flat (+1%).
Starting May 1, electric cars and plug-in hybrid cars will be eligible for a government incentive of up to $5,0000 Canadian. The rebate also applies to leased cars, with some conditions.
