Norway Plugin Vehicle Market Share Now Over 68%
Norway hit 68.4% plugin electric vehicle market share in July, up significantly from 48% in July 2019. The 2020 year-to-date figure is also now over 68%, up from 2019’s full-year result of 56%.
Norway hit 68.4% plugin electric vehicle market share in July, up significantly from 48% in July 2019. The 2020 year-to-date figure is also now over 68%, up from 2019’s full-year result of 56%.
While different electric vehicles may be #1 in different markets (the Renault Zoe in France, the Audi e-tron in Norway, the VW e-Golf in Germany), globally, there is no question which electric vehicle is the most popular. According to recently compiled data from EV Volumes, the Tesla Model 3 had nearly as many sales in the first half of 2020 as the 2nd best selling, 3rd best selling, 4th best selling, 5th best selling, 6th best selling, and 7th best selling plugin vehicles combined.
While the overall European market is still in recovery mode in June, down 24% year over year (YoY), the European passenger plugin vehicle market has returned to the fast track, having achieved almost 93,000 registrations in June (+95%).
While the German overall market is still recovering from the pandemic, dropping just 32% year over year (YoY) in June, the local plugin vehicle market is in much better shape, having registered almost 19,000 units, up 124% YoY.
Even though Denmark is a very small market, it is still interesting to see how sales of the currently available models develop.
Early this morning in Munich, BMW Chairman Oliver Zipse presented an update on the BMW iX3 full electric SUV due out later this year.
Sweden remains an odd plug-in vehicle market in which plug-in hybrids heavily outweigh full electrics. Part of that may be because Volvo Cars only sells plug-in hybrids so far, and Volvo is sort of popular in Sweden.
Norway continues to be a shining star in the electric vehicle world. In the first half of the year, 48% of automobiles sold in the country were fully electric, a global record for EV market share. Plug-in vehicles represented 69% of auto sales, another global record.
Tesla Model 3 Keeps #1 Position, while Plugin Vehicle Market Share Hits 16% in June
Well, there are a few reasons why electric car sales are exploding in the UK, where they now account for nearly 10% of auto sales. I think awareness still hasn’t caught up to the many benefits of an electric car or the potential for financial savings compared to a “similar” fossil-fueled car, but consumers are waking up to these matters. On the latter topic, I’ll try to do my part again to bring some insight to this matter to more Brits.