Full electrics saw healthy growth whilst plugin hybrids fell. The overall auto market fell over 14% YoY, to 171,085 units. Thewas the #1 best selling full electric in June, though Renault took 3 of the top 5 spots.
June’s overall plugin share of 19.8% comprised 12.8% full electrics , and 7.0% plugin hybrids . A year ago, their respective shares were 10.5% and 8.3%. Plugless hybrids continued to strongly grow share YoY , whilst combustion-only powertrains all declined. Alternative-fuel vehicles declined dramatically from 3.3% to 0.5% YoY. The fact that this category peaked at around 5% over the past 5 months, and has now plummeted, suggests a pull-forward, prior to being cut loose from incentives in June.
20% is not good enough. Has there been polling in France about why more people won’t buy EVs?
zshahan3 Probably understating Tesla China low supply problem (covid shutdowns). September/Q3 should be stunning