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retiredyoung

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29/01/18

18:08

Post #: 30640015
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EV Sales: Europe December 2017

Looking at the full year performance, sales were up 38%, to over 306,000 units, this growth is even more significant against the backdrop of a stagnating (-5%) automotive market in Europe, making plug-ins the fastest growing segment in the Old Continent.

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Good news in the BEV/PHEV breakdown, the BEV share grew to 49%, with all-electric cars growing faster (+45% vs +32%) than PHEVs. Expect this trend to continue this year, with BEVs recovering the upper-hand over plug-in hybrids.

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Looking at PEV share, December hit a record 3% share, pulling the full year share further up, ending 2017 at 2%. Looking into 2018, we should see the plug-in share end around 4% share, with the last months of the year even reaching some 6%...

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Interestingly, the biggest surprise in December hasn’t reached the December Top 5, ending the month in Sixth. The Smart Fortwo ED scored 1,707 units, by far the nameplate best performance ever, it seems the tiny two seater is experiencing an overwhelming demand, with the Smart EV already having a six-months waiting list, suffering from a recurrent problem: “Not enough batteries”.

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http://ev-sales.blogspot.com.au/2018/01/europe-december-2017.html

Last edited by retiredyoung: 29/01/18
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