It sells one and a half times more HEVs in Europe than in China
- The two graphs below represent the monthly sales volume of non-plug-in hybrid cars (HEVs) in Europe and China from January 2018 to June 2021. For Europe, Inovev analysed the sales of full hybrid vehicles (HEVs) out of 21 main European markets, including UK, Switzerland and Norway. Inovev based this analysis on its own collected data, unlike the analyses of BEVs and PHEVs, carried out using data provided by ACEA. Indeed, on the sales of HEVs, the ACEA includes models equipped with mild-hybrid technology (or 48V), which has the effect of "inflating" the sales volumes of HEVs. However, for Inovev, the technology of mild-hybrids and full-hybrids cannot be put at the same level. For China, Inovev uses the same scope as Europe.
- The sales volume of HEVs in China has always been much lower than the sales volume of HEVs in Europe. Even today, in terms of market share, there are one and a half times more HEVs sold in Europe than in China. However, fewer HEVs are sold in both Europe and China than PHEVs or BEVs.
- In 2018, the average sales level of HEVs in China was 16,000 units per month, compared to 35,000 in Europe. In 2019, it was 16,000 units per month in China, compared to 40,000 in Europe. In 2020, it was 20,000 units per month in China, compared to 39,000 in Europe. Finally, in 2021, it is 36,000 in China, against 51,000 in Europe.
- If we look at the market share of HEVs, it went from 0.8% in 2018 in China to 0.9% in 2019, 1.2% in 2020 and 2.2% in 2021. In Europe, the HEV market share increased from 2.7% in 2018 to 3.1% in 2019, 3.9% in 2020 and 4.9% in 2021. By way of comparison, the HEV market share in the USA is 3.5% in 2021 against 3.2% in 2020, 2.4% in 2019 and 1.9% in 2018.
- In total, xEVs (BEVs + PHEVs + HEVs) represent 13.5% of the Chinese market in the first half of 2021, 21.1% of the European market and 6.5% of the US market. In Europe, the world's largest diesel market, xEVs have mostly taken market share to diesels, while in China and the USA, markets with very little number of diesel passenger cars, they are in competition with pure gasoline engine.
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