The UK saw 9.75% plugin electric vehicle market share in August 2020, up from 4.4% in August 2019. Year to date plugin share now stands at 8.2%. The overall auto market was down 5.8% compared to a year ago, at just over 87,000 units.
The European passenger plugin vehicle market is on fire, having scored over 113,000 registrations in July (+213% year over year, the highest growth rate in 5 years). This is the market’s second record performance in a row
A new survey conducted by Kadence International, a global market research company, on behalf of Mitsubishi Motors in the UK has revealed the meaningful role that plug-in hybrids (PHEVs) play in the transition to a future of fully electric mobility.
Plugin vehicles (fully electric vehicles as well as plugin hybrids) scored an amazing 36,000 registrations in July, which not only a new record, but is 85% above the last record, made last March.
The Dutch automotive market is out of its pandemic-related disruption, having reached positive numbers in July (+4% year over year/YoY), but while the overall market has finally recovered, the plugin segment is officially in Warp Speed (up 139% last month).
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.
Finland is the 4th best country in the world in terms of plugin vehicle market share this year. It is at 16% market share, double its 8% market share in 2019 and more than triple its 5% market share in 2018, according to our friends at EV Volumes
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.
In a bid to increase uptake of this excess electricity, the Energy Commission launched the Drive Electric Initiative in 2019. The Drive Electric Initiative says Ghana plans to reduce greenhouse gas emissions by at least 15% of the projected business as usual approach emissions by 2030 and they see the acceleration of adoption of EVs as one of the best ways to achieve this.
