The Swiss plug-in electric vehicle (PEV) market smashed its previous sales record (1,341 registrations) last month by registering 2,162 vehicles. That meant that the PEV share jumped to 7.5% (6.4% from fully electric vehicles and 1.1% from plug-in hybrids), pulling the 2019 PEV share to 5.3% and thus almost doubling last year’s result.
Last month, fully electric vehicles saw their registrations double year over year (YoY), pushing the overall market up +28% despite sales of every other powertrain type dropping at least 20%, which led to record fully electric vehicle (58%) and overall plug-in vehicle (69%) shares. As you already know, Tesla Model 3 deliveries went through the roof in March, with the model achieving 5,315 registrations, a new all-time record for any nameplate in Norway, whatever the fuel source.
The French plug-in electric vehicle (PEV) market recorded 6,136 registrations in March, up 14% year over year (YoY). A big portion of this growth came from the Tesla Model 3, which had 1,153 deliveries last month, the best result ever for a nameplate not called “Renault Zoe.”
Consumer Reports has begun testing the Hyundai Kona Electric. While the results won’t be available until later, its first impression of the car is highly favorable.
After the December delivery peak, the Dutch plug-in electric vehicle (PEV) market had another sales surge last month, with 4,721 plug-in registrations, up 252% year over year (YoY). That translates into a PEV share of 12% in March, and pulls the year-to-date count to 10,424 units (+224%), with the 2019 PEV share now at 9%. If we only consider fully electric vehicles (BEVs), the EV share in March was 10% and in the first quarter was 7.4%.
This year’s hotly anticipated Geneva Motor Show offered the best proof of the relentless progress electric mobility continues to make in the auto industry. Electric cars quite literally stole the show. But in all this display of electric goodness, which car surprised the most?
The big news in February’s top positions was of course the Tesla Model 3 landing with a bang, and jumping right up to the leadership position, but unlike what has happened (and is happening) in the USA, the blackhole effect of the Tesla Model 3 is not absorbing sales from other BEVs (well, maybe the Model S is the exception). Instead, it appears the Model 3 is pulling customers directly from competing PHEVs and gas/diesel models.
To the average person, a picture of the Model Y probably looks like a sedan. Some of the wider markets have not responded well to the Model Y because it does not look like a traditional SUV. Let’s take a closer look.
The Tesla Model 3 had more than 100,000 sales in 2018 and could have more than 300,000 sales in 2019. In 2020, it could certainly pass that 500,000 unit marker (or not — we’ll see). The Tesla Model Y will likely be more popular than the Model 3, perhaps much more popular, and it’s hard to imagine the vehicle won’t pass 500,000 sales per year. Other than these two Tesla mass-market models, though, which electric vehicles could reach such high annual sales?
Kelley Blue Book says used EV prices fall into two groups. Cars with more than 200 miles of range do quite well but cars with under 200 miles of range suffer. Overall, the Tesla Model 3 is expected to hold its value better than any other electric car.
