January saw fossil fuel passenger vehicle sales plummet in Sweden by almost 40% year on year, with diesels more than halved, as plug-in vehicle market share climbed to over 30%. Sweden’s auto industry organization expects 30% to be maintained through the full year of 2020.
UK combustion vehicle sales fell 18% year on year in January as plug-in electric vehicles took almost 6% of the market, up from 2.2% a year ago. Diesel sales were hit particularly hard, selling 36% less volume than January 2019. Will the UK government’s recent target of phasing out combustion vehicles by 2035 be overtaken by consumer preferences?
Europe’s largest auto market, Germany, saw January fossil fuel vehicle sales drop by over 15% year-on-year, with gasoline vehicles alone down over 17%. Meanwhile, EVs increased their market share to 6.5% from 2.5%. Europe’s big five markets are now at a combined 6.0% EV market share. What progress will full year 2020 bring overall?
