Will Low Gas Prices Hurt Tesla?
Amid the financial fallout from the COVID-19 pandemic, most of us have hardly had time to consider the effects of another economic H-bomb that went off around the same time: the collapse of oil prices.
EV sales
The Impact Of Covid-19 On Electric Vehicles
First, it was some kind of flu in China.
Then, the coronavirus quickly spread across the world, being recognized as a pandemic by the World Health Organization (WHO) on March 11, 2020.
In country after country, lockdown measures started to get enforced, with travel restrictions, school closures, and more measures put into place.
Global Auto Sales Down 26%, By More Than 6 Million Units, In 1st Quarter
A couple of weeks ago, I published a report showing US new auto sales were down 496,600 in the first quarter of 2020 (compared to the first quarter of 2019). That seemed like a stunning, jaw-dropping drop in auto sales. Looking at the global auto sales story, though, the 496,000 drop looks like peanuts. In the same period, new auto sales were down by more than 6 million units globally.
Tesla Model 3 = Top Selling Car in California
In somewhat of a surprise, for the first time ever, the Tesla Model 3 was the top selling vehicle in California last quarter.
Europe Hits 11% Plug-in Vehicle Market Share in April
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.
Polizei Goes Electric — Hyundai Kona EV Popular With Police Fleets Around Europe
I believe there are police officers everywhere who want to switch to electric cars — or are at least interested in finding out more about them. In Europe, the Hyundai Kona EV is a particularly popular model with the police.
Audi e-tron Is The New King Of Norway
Norway remains one of the most fascinating auto markets in the world. With a 70% plug-in vehicle market share in the first 4 months of 2020, there is nothing that comes close to it. That isn’t an overnight figure either — the country has been far ahead of any other market in terms of plug-in vehicle market share for several years.
Plug-in Vehicles = 7% Auto Market Share in Austria (7.5% in April)
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.
GridCars Network Is Charging Up South Africa’s EV Revolution
One of the main players in the South African EV space is GridCars. Established in 2009, GridCars has grown to become South Africa’s largest Electric Vehicle Charging Service Equipment (EVSE), Charging Station Infrastructure and Management Systems firm.
#1 Tesla = 29% of Global Electric Vehicle Market in Q1 2020
The top selling brands in the electric vehicle market are no big surprise, but the details are fascinating to look at.
