Market share of BEV and PHEV in Europe and China in the first quarter of 2022
- The market share of 100% electric passenger cars (BEV) in Europe continues to grow, since it increased from 6% in 2020 to 11% in 2021 and 12% in the first quarter of 2022. Admittedly, the pace of growth slows in a European market down nearly 11% in the first quarter of 2022, but March confirms the recovery of BEV sales with a market share of 14% (compared to 10% in January and 11% in February ). The year should end with a penetration of nearly 15%.
- The market share of 100% electric passenger cars (BEV) in China also continues to grow, rising from 5% in 2020 to 13% in 2021 and 17% in the first quarter of 2022. BEVs even show a share of 19% in March (against 15% in January and 16% in February). The year should end with a penetration of nearly 20%.
- The market share of plug-in hybrid passenger cars (PHEV) in Europe has tended to stagnate since 2021, at around 9% of the market. This share increased from 5% in 2020 to 9% in 2021 and 9% in the first quarter of 2022. The year should therefore end with a penetration of around 9%.
- On the other hand, the market share of plug-in hybrid passenger cars (PHEV) in China continues to grow, since it rose from 1.5% in 2020 to 3% in 2021 and 4% in the first quarter of 2022. Admittedly, the growth rate is slowing but the months of February and March 2022 are respectively at 5% and 4.5%, which should result in a penetration of around 4.5% over the whole year, i.e. half as much than in Europe.
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