Norway, the global leader in the transition to electric vehicles, has seen its strongest ever February with over 68% market share for plug-in passenger vehicles. The vast majority of plug-ins were pure electric (BEV), which took 49.7% of the overall market.
New record sales mean that exactly 10 times as many full electric cars were sold in February 2020 compared to the same month last year.
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.
After the December sales peak, January signaled the expected sales hangover in China, but with some 49,000 passenger plug-in electric vehicles (PEVs), the numbers were worse than expected, as sales fell 50% year over year (YoY).
EVs are taking over the world, and if you need proof of this, just look at the sales numbers.
What kinds of language choices frame EVs as bad in the media?
In 2019, the Tesla Model X was a top seller among luxury SUVs — #1 or #4, depending on how you count.
Even Tesla’s detractors in the auto industry concede that the company’s superior battery technology gives it a substantial head start versus the legacy automakers. Not only are the Californian carmaker’s batteries better, but they’re considerably cheaper, which is surely one reason that Tesla is able to sell its vehicles at a healthy margin, while most of the others are struggling to show a profit on the few EVs they sell.
The Tesla Shanghai Model 3 jumped straight to the #1 spot in China’s battery electric vehicle production charts in January, according to figures released by MIIT. The 2,625 units put the Model 3 some 12.5% ahead of any rivals.
The Tesla Model 3 outsold both the Toyota Corolla and Honda Accord last year in California. With such high sales, Tesla’s Model 3 was the best seller in the near-luxury car segment in the 4th quarter and throughout 2019.
