EVs Take 22.9% Share Of The UK — Laggards Exposed

March saw plugin EVs take 22.9% share of the UK auto market, barely up from 22.4% year on year. Full electric share fell, while plugin hybrid share grew. Overall auto volume wasunits, up 10% YoY, though still far below pre-2020 norms. The UK’s leading BEV brand was Tesla, ahead of BMW.

The brands shedding volume YoY were Tesla, MG, Volkswagen, and Polestar. This could be due to temporary logistics ebb-and-flow, or it could be demand falling for these brands. Other things being equal, demand falling might seem unlikely, especially in the case of MG, which offers the UK’s best value BEVs., however, a cooling of demand could simply be an effect of the UK’s broader economic recession.

The Model Y took 80% of Tesla’s volume, with the Model 3 just 20%, a ratio of 4:1. Their normal ratio is closer to 2:1 or 3:1, but Tesla has said that the Model 3’s supply to Europe from Shanghai has recently been affected by shipping delays, due to the troubles in the Red Sea region. It was a similar story for sibling brand Lexus, increasing volume from around 100 units to 700 units across the period, climbing from 34th to 25th.Almost equally skewed were the Stellantis brands, collectively going from around 2,650 units in Q4 to around 9,200 in Q1. Worst amongst them was Peugeot, going from 20th place to 7th between the periods.

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Plugin EVs' Market Share in Sweden Decreases in MarchIn March, plugin electric vehicles (EVs) accounted for 58.1% of the auto market in Sweden, showing a decrease compared to the previous year. While plugin hybrid volumes slightly increased, battery-electric vehicle (BEV) volumes decreased significantly. The overall auto volume was also affected by the decrease in registration days. The decline in BEV registrations can be attributed to the reduction of purchase incentives.
مصدر: cleantechnica - 🏆 565. / 51 اقرأ أكثر »

Plugin EVs Take 91.5% Share in Norway's Auto MarketMarch’s auto market in Norway saw plugin EVs taking a 91.5% share, up from 91.1% compared to the previous year. Battery electric vehicles (BEVs) alone accounted for almost 90% of the market share. The increase in plugin EVs is attributed to a policy change that came into effect on January 1, which aimed to encourage buyers to choose BEVs over plug-in hybrid electric vehicles (PHEVs). PHEV sales experienced a surge in December 2023, reaching a 16% share, but since January, their share has decreased to 2% in Q1 2024. On the other hand, BEV share has increased from 83% in 2023 to 90.2% in Q1 2024. Although PHEV share is expected to recover slightly in the coming months, it will not reach previous levels due to the policy's focus on promoting BEVs. Overall, the auto market in Norway has seen a decline in volumes for most powertrains, with PHEVs being the most affected, falling to 25% of their year-on-year volume.
مصدر: cleantechnica - 🏆 565. / 51 اقرأ أكثر »