February saw plugin EVs at 26.3% share in France, up from 23.8% share, year on year. Full electric volume grew 32% YoY, and plugin hybrid volume grew 12%. February’s overall auto volume was 142,598 units, up 13% YoY, though still well below 2017–2019 norms . The Peugeot e-208 was once again the best selling full electric vehicle.PHEVs have been on a plateau for the past 3 years, hovering close to 9% of the market. BEVs have continued to grow slowly and steadily for years.
If BEV prices were keeping pace with the actual cost reductions in the core technologies, BEVs would already be close to parity with ICE pricing in most segments in France, just as they are in China. BEV share would also be keeping up with the speed of the transition seen in China, which — despite scoring behind France in BEV share in 2020 — ended 2023 far ahead .
Another strong climber was the new Volvo EX30, which latest data suggests debuted in January, with 307 units, and climbed strongly to 770 units, and 10th spot, in February.) after March 15th, so is being delivered in a rush before that date. We can expect its numbers to fall significantly after March. Volvo is planning to make the EX30 in Europe from 2025, to overcome these barriers.
The new BMW iX2 made its French debut in February, with 99 units registered. The BYD Seal has also recently debuted, with 38 initial units in January, and stepping up to 202 units in February. Since the Seal is currently only made in China , it won’t see much volume after March 15th, unless BYD is ready to adjust its pricing. A BYD European factory is being planned.December data was sparse, so we can only compile a reliable top 12 ranking.
The months ahead will see changes in BEV sales as the eco-bonus gets withdrawn for many of the most popular models. We will have to wait to see what effect this has on the overall volume of the BEV market. Hopefully those manufacturers who are able to reduce their prices will do so, in order to keep their foot in the French market.
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Source: cleantechnica - 🏆 565. / 51 Read more »
Source: cleantechnica - 🏆 565. / 51 Read more »
Source: cleantechnica - 🏆 565. / 51 Read more »