World EV Sales Now Equal 17% Of World Auto Sales
Record month in September!
Record month in September!
Plugin vehicles are all the rage in the Chinese auto market. Plugins scored more than 776,000 sales last month, up 22% year over year (YoY), which is this market’s second record month in a row. And expect the last quarter of the month to continue this record streak. The September … [continued]
Approximately 288,000 plugin vehicles were registered in September in Europe, +15% year over year (YoY). Unfortunately, the overall market also grew by double digits, +11%, as it is finally recovering from a couple of bad years. Last month’s plugin vehicle share of the overall European auto market was 25% (17% … [continued]
October saw plugin EVs take 60.6% share in Sweden, up fractionally from 59.4% year on year. EV volumes were up by some 14%, barely ahead of overall market growth. Overall auto volume was 25,016 units, up by 12% year on year. The Volkswagen ID.4 was the bestselling EV in October. … [continued]
Stellantis places 3 models in the top 5!
The South African EV market is starting to pick up now after a slow start. High import tariffs levied on EVs as well as the lack of an EV policy and supportive frameworks have been some of the main barriers to adoption. Despite all this, a lot of progress has … [continued]
1 in 4 new passenger vehicles in France have a plug in 2023.
In the Netherlands, 47% of new car sales were plugin car sales in September. Furthermore, 34% were full electrics! The Netherlands saw an increase in plugin registrations to 13,916 units in September, with the Dutch plugin vehicle (PEV) market thus reaching 47% of the overall auto market last month. That … [continued]
September saw plugin EVs take 21% share in Germany, predictably down from 32.3% year on year, as a hangover from new incentive cuts. This is the flip-side of August’s large pull-forward, and fully expected. Overall auto volume was 224,502 units, unchanged YoY, and roughly in line with pre-2020 seasonal averages. … [continued]
Global plugin vehicle registrations were up 45% in August 2023 compared to August 2022, rising to 1,238,00 units. In the end, plugins represented 18% share of the overall auto market (with a 13% BEV share alone). This means that the global automotive market is firmly in the Electric Disruption Zone*. … [continued]