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Global Plug-in Sales for 2016 Q3

Global sales of Plug-in passenger cars stand at 75500 units for September, which is 55% higher than for September last year. Year to date, nearly 518 000 units were sold, 53 % more than during the first 3 quarters of 2015.

China is the worlds largest plug-in market, with 225 000 units Plug-in passenger cars sold so far in 2016, a staggering 117% higher than 2015 January-September. The Q3 results indicate that also USA (44530 units, +62%) and Europe (51050 units, +24%) pick up in pace.

q3-global-ev-sales
The best-selling brand in September was Tesla with nearly 13 000 units delivered. Year to date the #1 is BYD with 75320, #2 Tesla (56000), #3 VW (42500). Counting just BEVs, Tesla clearly leads, with a share of 17,6% among all BEV sold from Jan-Sep.

43 % of all Passenger Car Plug-ins sold in China this Year
China is the growth motor for plug-in sales. “New Energy Vehicle” volume for passenger cars more than doubled in the first quarter and growth accelerated to 140 % for Q2. In Q3, the increase slowed down to 63 % which is still higher than for any other region. Yet, the days of 2- or 3-fold sales increases seen for China, in 2014-2015 are most probably over.

The US has recovered from the weak development during 2015 (-4 %), posted +19 % for the first quarter and +18 % for Q2. The 3rd quarter saw a boost of 62 % compared to 2015, Tesla and GM Volt being the main sources of the increase.

q3-global-ev-sales_1
Europe struggles to continue on the 99 % growth rate of last year. Many markets develop strong, but the incentive changes for PHEV in the Netherlands and EVs in Denmark darken the overall picture. Growth was 31 % in Q2, only 13 % in Q2 and 24% for Q3.

Pure EVs gain ground again
The mix of battery electric vehicles (BEV) and plug-in hybrids (PHEV) had moved towards Plug-in Hybrids during previous years. There are differences between the regions, though. In China, the ratio is still two EVs on one PHEV. In USA and Europe, the EV/PHEV mix approached a 50:50 split. New model launches, mostly PHEV in Europe/US and mostly EVs in China play an important part in this.

Q3 saw a significant shift towards BEVs, thanks to the strong Tesla Q3 result and fast growing China, where BEVs gained 10% in the BEV/PHEV mix, compared to the first 3 quarters of 2015.

Europe in particular shows diverse and interesting developments in the individual countries, largely depending on the tax & incentive structures and domestic product offers. EV-volumes has been tracking the developments several years back and gained many useful insights for the impact of incentives and product news.

q3-global-ev-sales_2
[source: EV-Volumes]

Nov 25, 2016Blagojce Krivevski
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Blagojce Krivevski

Blagojce Krivevski is physicist and green technology lover. Keep in touch with Blagojce through his email, web site, Twitter, Linkedin, Facebook and Google+.

November 25, 2016 Electric Car NewsElectric Car Sales, Electric Vehicle Sales, ev sales, plug-in sales, Plug-in Vehicle Sales
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