Sweden Hits 20% EV Market Share In May, As Autos Down 50%
Sweden continued strong growth of its plugin electric vehicle market share in May 2020, achieving 20.3% this time, almost double that of May 2019.
Sweden continued strong growth of its plugin electric vehicle market share in May 2020, achieving 20.3% this time, almost double that of May 2019.
Sweden’s plug-in passenger vehicle sales grabbed 24.3% market share in February, more than doubling year on year from 11.8% in February 2019. Internal combustion engine (ICE) vehicle sales declined dramatically, with petrol vehicle sales falling 24% and diesels falling a massive 36% compared to February 2019.
The Tesla Model 3 ended up being the 7th best selling car in the United States in the 4th quarter of 2019 and the 9th best selling car across the whole year*.
With all of the data tallied, we have one electric car in the top 20*, or in the top 10 actually — the Tesla Model 3. The Model 3, based on our estimates (with support from EV Volumes), lands in the #10 spot in the USA in November among all cars. For the first 11 months of the year, the Model 3 was in the #9 position.
The Tesla Model 3, adored by millions of Tesla fans from day one (March 31, 2016), was a lighting bolt in the US car market in 2018. The Model 3 has shown why any remaining Tesla critics should really stop doubting the 21st century car company out of Silicon Valley.
I have written a series of articles on this site that attempted to accurately estimate the total cost of ownership (TCO) of various Model 3 trims, and then also compare those TCO estimates to a variety of competing cars. You can read the latest one, comparing the Model 3 to all the mainstream midsize sedans (Camry, Accord, Optima, and Malibu).
Today, I want to update my use of the Edmunds True Cost to Own model to analyze the market for mainstream midsize sedans. I’ll compare the Tesla Model 3 Standard Range to all the leaders in the midsize market today. The short story, as you’ll see if you go through it all, is that the much quicker, safer, and more luxurious Tesla Model 3 can be cost-competitive with the Toyota Camry, Honda Accord, Kia Optima, and Chevy Malibu.
It’s safer than a Volvo, greener than a Prius, sportier than a BMW, more practical than a Honda, and possibly even more prestigious than a Jaguar*. The Tesla Model 3 is in a league of its own, and its sales demonstrate that.
Tesla is one of the most popular companies in the US, so why wouldn’t it have one of the most popular cars, right?
Kia Motors has won the “PHEV Manufacturer of the Year” award at GreenFleet Awards 2017, according to an email sent to CleanTechnica. Additionally, two of the company’s new offerings, the Kia Niro PHEV (plug-in hybrid) SUV and the Optima Sportswagon PHEV, won their categories at the Next Green Car Awards 2017.