Global Plug-In Elec..." /> Global Plug-In Electric Car Sales In March 2020 Were Stronger Than Expected, One in 40 new cars sold globally was a plug-in. – Green Tech Headlines


EV News

Published on May 2nd, 2020 | by greentechheadlines

0

Global Plug-In Electric Car Sales In March 2020 Were Stronger Than Expected, One in 40 new cars sold globally was a plug-in.

Global Plug-In Electric Car Sales In March 2020 Were Stronger Than Expected, One in 40 new cars sold globally was a plug-in.

Passenger plug-in electric car sales in March 2020 decreased – no surprise here – but a decline of 15% year-over-year to 192,380 does not seem much, considering what is actually happening with the coronavirus lockdown.

The truth is that the significant collapse in the plug-in sales is probably ahead of us yet (April is going to be tough).

Anyway, in March, the average market share of plug-ins amounted to 2.5%.

See more of our sales reports for March 2019 here.

All-electric cars were responsible for 74% of plug-in sales in March and 67% YTD.

After the first three months of 2020, the total sales are over 460,000 (down 6% year-over-year) at 2% market share.

external_image

The sales data for particular models looks quite surrealistic, as a single model, the Tesla Model 3, was in March selling at a rate of about 10 times higher than the second-best.

With 48,788 sales last month and 71,513 in the first quarter (51,000 above the second-best), the Model 3 seems to be out of range of any other EV.

At least six other plug-in models (4 BEVs and 2 PHEVs) noted more than 10,000 sales in Q1, but the first Chinese car is only tenth (BYD Qin BEV).

Stats by EV Sales Blog:

external_image
external_image

So far this year, the Tesla brand is way ahead of other (88,400 YTD), followed by two European brands: BMW (31,889 YTD) and Volkswagen (27,287 YTD).

As the Chinese market recovers, BYD (22,200 YTD) moved up to fourth place ahead of Renault 21,331 YTD).

external_image
external_image

Our thanks to EV Sales Blog for tallying up and estimating the individual sales by OEM


About the Author



Comments are closed.

Back to Top ↑