BMW

Bank of America Merrill Lynch: UK Tesla Model 3 & Other EV 3-Year Total Cost…

We’ve published numerous analyses of our own on the total cost of ownership of the Tesla Model 3 and Volkswagen ID.3 compared to top gasoline competitors. However, if you don’t trust research from CleanTechnica, perhaps you’ll find the work of a major international financial firm more palatable. A recently published report from Bank of America Merrill Lynch (BAML) that was passed along to CleanTechnica dove into this topic for the UK.

US Gas Vehicle Sales Up Big In November, Still Down In 2019

Tracking monthly US auto sales by company or brand is one of the oddest-feeling things I’ve done in my decade or so covering cleantech. Perhaps that’s because the focus is on tracking non-clean tech. The fact is, though, it shocks me every month to see how many people still buy gasoline cars. Gasoline cars are far worse than electric cars currently on the market for the same cost (or even less). Nonetheless, there are so many people buying clunky, noisy, slow, high-maintenance, low-tech, high-depreciation gasoline vehicles every single day. Objectively, it doesn’t make sense.

Plug-In Vehicles = 14% of Vehicle Sales in Sweden in November

Norway gets most of the glory for electric vehicle sales leadership, or China does for the sheer volume of sales there (approximately half of the global market), but there are a few other country markets with notable electric vehicle market share (if not volume) that are fun to track and interesting to compare to Norway. One of those markets is Sweden, which very quietly sits near the top of EV market share rankings.

Plug-In Hybrids Pull Up Europe’s Plug-In Market — October EV Sales Report

The European passenger plug-in vehicle (PEV) market recorded some 48,000 registrations in October (+46%), and this time it was the plug-in hybrids (+75% growth year over year, or YoY) that pulled the PEV market up. Fully electric vehicles (BEVs) remained at cruising speed (+26%), leading to a nearly even (51% BEVs / 49% PHEVs, vs. 65% / 35% YTD) breakdown between both technologies in October.

Open The Plug-In Hybrid Floodgates! Germany EV Sales Report

Something clicked in the German plug-in vehicle market after the summer holidays. The market had a record month (9,452 registrations) in September, and then October came and set a new record, this time 26% above the previous one! 11,926 plug-in electric vehicles (PEVs) were registered, more than doubling last year’s result. With China’s PEV market in post-subsidy blues, this is a welcome boost to global sales. Now if only the US market helped to carry the burden…