Kia Niro EV #1 In Covid-19 Impacted Dutch Market
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%.
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%.
Despite the Covid-related lockdown in the second half of the month, the German plug-in vehicle market score signaled another record performance in March, its third in a row — 19,145 plug-in vehicles (EVs) were registered. With the overall market dropping 38% year over year (YoY), last month’s plug-in share reached a record 8.9% (4.8% fully electric/BEV), pulling the yearly tally to an amazing 7.3% (3.7% BEV).
While the Netherlands does not have yet a full lockdown, the coronavirus pandemic has forced a wide range of businesses to shut down, slowing business significantly, so expect slow sales months at least in April and May … in the overall market, that is.
Following the start of the EU’s new CO2 rules, the German plug-in market has (finally) clicked and February signaled another record performance, its second in a row, having registered 16,508 units in February.
The Dutch plug-in vehicle (PEV) market grew 51% in February, to 3,685 plug-in registrations. So, after a light hangover (-2% year over year/YoY) in January, the Dutch plug-in market is back on track, with last month’s PEV share at 12%, pulling the year-to-date PEV share to 9.4%.
The German plug-in electric vehicle (PEV) market started the year on fire, jumping 128% year over year (YoY), to a record 16,131 registrations. That smashed the previous record (12,026 units) set last October, so it seems the German locomotive has (finally) been set in motion.
With a sales rush in the last days of 2019, one would imagine January would bring a big hangover for the plug-in vehicle market. But turns out, it hasn’t. Yes, the Dutch plug-in market was down 2% year over year (YoY), to 3,184 registrations, but because the overall market fell even more (-6% YoY), the plug-in vehicle (PEV) share (7.2%, 4.3% for fully electric vehicles alone) actually grew compared to 12 months ago (6.9% in January 2019). So … why is this happening?
The German plug-in electric passenger vehicle market ended the year on fire, with registrations more than doubling in December, to 11,328 registrations.
The French plug-in electric vehicle (PEV) market registered a record 7,250 units in December, +28% year over year (YoY), a new all time record. That was thanks to leader Renault Zoe (2,097 units, a new year best), which seems to be past the worse of the production ramp up, and the Tesla Model 3, which moved 1,250 units, its best result ever in France. Additionally, plug-in hybrid (PHEV) sales more than doubled YoY, helping to set the record score.
Led by the Tesla Model 3, December had an amazing 22,983 plug-in registrations, a three-fold increase compared to the same month last year, finally beating one of the oldest records in modern EV history, the 15,879 units sold in the Netherlands in December 2016.