With the German auto market slowly recovering from the pandemic-related lockdown, dropping just 50% year over year (YoY) in May, the local plugin market stepped up the growth pace last month, having registered 12,333 units, up 56% YoY.
With the Netherlands overall market dropping 53% year over year (YoY), the local plugin vehicle market also once again slipped into red, dropping 28% YoY in May to 2,023 plugin registrations.
The latest news from the sporty premium brand out of Munich is that it has released a plug-in hybrid version of its X2 “Sports Activity Coupe” (SAC), the BMW X2 xDrive25e, and updated the 5 Series, including the 530e and 530e xDrive plug-in hybrids. Plug-in hybrid heaven.
The European passenger plug-in market scored 31,500 registrations in April, down 16% year over year (YoY), which is nevertheless a great performance considering the effect that the several lockdowns across the continent made and the overall market crashing (-78% YoY). That combo inflated last month’s plug-in share to an amazing 11% share.
Austria is yet another European country to pass up 5% plug-in vehicle market share in 2020. The market is actually at nearly 7%, one of the highest plug-in vehicle market shares in the world, thanks to April showing 7.5% share, according to our friends at EV Volumes.
Despite the Covid-related lockdown that sent the overall German auto market down 61% year over year (YoY) in April, the German plugin market grew 33% last month, having registered 10,253 units.
In the first 4 months of 2020, plug-in vehicles accounted for 5.5% of all auto sales in Ireland. The wild world of coronavirus, though, made something special out of April — or perhaps Ireland’s time has simply come. A stunning 18% of auto sales in the month of April were plug-in vehicle sales.
The Swedish auto market, like other auto markets but not as extreme, saw its numbers crash (again) in April. The overall auto market was down 38% year over year. Also like in other markets, plug-in vehicles did better than the overall market. They actually saw a sales increase in April.
With the Netherlands escaping a full lockdown, the economic slowdown hasn’t been as devastating as in other markets, with the overall market dropping just 53%.
The European passenger plug-in vehicle market had 84,000 registrations in March (+41% year over year/YoY), a great performance considering the effect that several lockdowns across the continent have had. Furthermore, this is while the overall auto market was crashing (-52% YoY), inflating last month’s plug-in vehicle share to an amazing 9.9% (6% fully electric vehicles/BEVs). That pulls the 2020 plug-in vehicle (PEV) share to 7.5% (4.3% for BEVs alone), well above the 3.6% result of 2019.
