The monthly sales evolution of BEVs and PHEVs in Europe
- Sales of BEV (100% electric cars) and PHEV (plug-in hybrid vehicles) have grown significantly since 2018. BEVs have grown from 1.3% of the European market in 2018 to 4.3% in 2020 (first 7 months) and PHEVs from 1.2% to 3.8%.
- Inovev has analysed the monthly evolution of sales of these vehicles in Europe from January 2018 to July 2020.
- Regarding the BEVs sales, the evolution is constant but it is disrupted by the sinusoidal movement of Tesla's sales (which only take place on the Internet) whose deliveries on the European continent take place mostly every three months (March, June, September, December). Tesla was the biggest seller of 100% electric cars in Europe in 2019, but in 2020 is tied with Renault.
- The average pace of BEV sales went from 15,000 units per month in 2018 to 30,000 units per month in 2019, then 45,000 units per month in the first quarter of 2020, before falling to 20,000 units per month during the lock down. After the lock down, the monthly rate returned to 50,000 units per month and even 57,000 units in July 2020.
- Regarding PHEVs, the evolution of sales was slower, as the monthly rate remained around 12,000 units for a very long time in 2018 and over the first three quarters of 2019. Sales took off sharply in the fourth quarter if 2019, with a rate of 22,000 units per month and then 32,000 units per month in the first quarter of 2020. The lock down period brought sales down to 12,000 units per month, then after this period a new surge in sales was observed, at 62,000 units in July 2020. The development of the PHEV offer by the carmaker partly caused this surge in sales, but the incentives granted by European states including Germany and France, PHEV customers since June 2020 also played an important role.
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