Global BEVs production by carmaker in 2020
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Global BEVs production by carmaker in 2020
- The global market for battery electric vehicles (BEVs) represented 2,141,311 units in 2020, divided into 995,397 units in China, 726,245 in Europe, 288,662 in the United States and 31,000 in Japan, the rest (100,000 units) being distributed over all the other regions.
- This market is up 37.4% compared to 2019, when it did not exceed 1,558,639 sales. This increase is observed in a context of a global market (all engines combined), which decreased by 14% in 2020 compared to 2019. As a result, the market share of BEVs rise from 1.8% in 2019 to 2.8 % in 2020.
- Which carmakers are the main producers of BEVs in 2020? Tesla dominates this category with a market share of almost 24%, or almost one in four electric cars. Tesla has the advantage of selling its models in the United States, Europe and China, which is not the case with other carmakers. Chinese carmakers only sell in China, except for a few who are also starting to sell in Europe (SAIC-MG, Aiways, Geely) but in very small quantities.
- The VW group, which is now in second position behind Tesla in the electric market, sells very little in China and the USA, but it plans to significantly increase its sales in these two markets, with its ID3 and ID4, first and with the upcoming ID6. The GM group (third) sells mainly in China through its subsidiaries Baojun and Wuling. The Renault-Nissan group (fourth) sells mainly in Europe (Renault Zoé, Nissan Leaf). The Hyundai-Kia group (fifth) is setting up a vast product offensive to catch up with the VW, GM and Renault-Nissan groups.
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The American BEVs and PHEVs market in 2020
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The American BEVs and PHEVs market in 2020
- The US market for 100% electric vehicles (BEVs) did not really take off in 2020, with a volume of 288,662 units, representing an increase of 20% compared to 2019, but far behind the figures recorded last year in China (995,397 units) and in Europe (726,245 units). Among the major global markets, only Japan sell less, with 31,000 sales last year.
- The Tesla brand (205,600 sales) holds 71% of the BEV market in the USA in 2020, with two top models, the Model 3 and the Model Y. The Model Y already represents half of Model's 3 sales and this share should increase in 2021. It is to be noted that the Model 3 lost 28,000 sales in 2020 compared to 2019, due to competition from the Model Y which recorded 69,000 sales last year, its first year of selling. The Model S lost 3,500 sales in 2020 compared to 2019, and the Model X 11,000 sales. As a result, the brand gained 26,500 sales last year, compared to 2019, representing a 15% year-to-year increase (less than the US BEV market as a whole).
- The US market for plug-in hybrid vehicles (PHEVs) is even smaller, with a volume of 56,035 units in 2020 against 276,561 in China and especially 638,568 in Europe, the world's largest PHEV market. The three best-selling models in this category in the USA in 2020 are the Toyota Prius PHEV, the Chrysler Pacifica PHEV minivan and the Mercedes GLC PHEV SUV.
- In total, the US BEV + PHEV market represented 344,697 units in 2020, up 8.5% compared to 2019, far behind Europe (1,364,813 units) and China (1,271,958 units).
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Production of PHEVs and BEVs (NEVs) in China may surpass 1.5 million units in 2021
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Production of PHEVs and BEVs (NEVs) in China may surpass 1.5 million units in 2021
- In 2019, the production in China of passenger vehicles locally named as "New Energy Vehicles" (or New Energy Vehicles - NEVs, and which include PHEVs and BEVs) fell for the first time below the level of the previous year due to reduction of subsidies. In 2020, in the first semester, the production fell sharply, down 39% year-over-year due to the impact of the coronavirus. However, from July, the production exceeded the level of the previous year at the same time to end the year up 16% compared to 2020.
- The Chinese government launched a series of policies in 2020 to continue supporting the development of the NEV market. In April, the central government decided to extend until 2022 the subsidy policy for NEVs (which was initially due to be stopped in 2020) in order to offset the effects of the coronavirus. In June, a revised version of the CAFC (Corporate Average Fuel Consumption) and NEV credit policy was announced. It sets the share of NEV credits from 2021 to 2023 at 14%, 16% and 18% respectively, and tightens the conditions for acquiring NEV credits. These NEV credits result from a complex calculation but are intended to increase the share of PHEVs and BEVs among carmakers.
- These last decisions should allow an increase in the production volume. As carmakers are required to comply with the new conditions specified by the policy, the impact on the NEVs market is expected to be significant. Consequently, the NEVs market (for passenger cars) could exceed 1.5 million units in 2021.
- Finally, in November 2020, the “NEV industry development plan (2021-2035)” was announced. The plan aims to increase the share of NEVs in the new vehicle market to 20% by 2025.
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Read more... Production of PHEVs and BEVs (NEVs) in China may surpass 1.5 million units in 2021
Honda to end vehicle production in Swindon in July 2021
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Honda to end vehicle production in Swindon in July 2021
- Japanese carmaker Honda, the sixth-largest carmaker in the world behind GM and Hyundai-Kia, with 4.34 million vehicles sold in 2020, has seen its influence diminish considerably in Europe over the years. From 335,000 sales in 2007, volumes fell to 150,000 units in 2011 and then 80,000 in 2020. This significant and inexorable drop in Honda sales can be attributed on one hand to a limited range of models on the European market, often not very competitive. However another fact has played a role in this situation: the growing disinterest of the Japanese carmaker for the European market, while its sales increased in China and the United States, and remained at a good level in its origin market, Japan.
- Honda had the Swindon plant in Great Britain as early as the 1980s, following a request by the government to open up to Japanese carmakers in order to offset the agony of the British Leyland group, at this time the largest British carmaker. Honda opened another plant in 1997, in Turkey (Gebze) in order to complete its industrial tool in this region.
- A large part of the Honda sold in Europe came from these two plants, but since the end of production of the Jazz (in 2015) and the CRV (in 2018), only the Civic remained and this could not guarantee the sustainability of the two European production plants.
- Honda had indeed announced last year that it would completely withdraw from Europe before the end of 2021. Today, the carmaker confirmed that the Swindon plant will close in July 2021, and the Gebze plant few months later. Honda said the Swindon plant had been bought by a logistician company named Panattoni.
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Inovev forecasts 75,000 units per year of the new Ioniq 5
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Inovev forecasts 75,000 units per year of the new Ioniq 5
- The Hyundai-Kia group unveils the first model of its new brand Ioniq which will only offer Battery Electric Vehicles (BEVs). The Ioniq 5 is a compact hatchback sedan but which moves away from the C segment to approach the D segment, as the model is 4.64 m long, the dimensions of a Jaguar I-Pace. These unusual proportions are the first originality of the model. This could be the originality of the brand, which next model (Ioniq 6 sedan) is expected for 2022 and the next (Ioniq 7 SUV) for 2024. This design differs a lot from Hyundai and Kia models, in order to target a new market, outside the current products proposed by the Korean group.
- All Ioniq’smodels will be based on the E-GMP platform (Electric-Global Modular Platform). According to the carmaker, this platform makes possible to limit front and rear overhangs, and to equip the vehicles with a very long wheelbase which benefits cabin space.
- The 218 hpIoniq 5's electric motor and 72.6 kWh batteries capacities provide a maximum range of 460 km under the WLTP cycle (according to the carmaker). The Korean carmaker aims to sell 70,000 units of this model worldwide in 2021 (including 25,000 in Korea) then 100,000 units in 2022 (including 35,000 in Korea).
- The Ioniq 5 is produced at Hyundai's Ulsan plant in Korea, one of the largest plants in the world (production capacity: 1,500,000 vehicles per year). Its price in Korea is between 37,000 and 41,000 euros depending on the version, slightly lower than Volkswagen ID3 prices in Europe. European prices have not yet been announced.
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Read more... Inovev forecasts 75,000 units per year of the new Ioniq 5
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