BEV + PHEV worldwide sales by brand and model in the first 4 months of 2021
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BEV + PHEV worldwide sales by brand and model in the first 4 months of 2021
- Over the first 4 months of 2021, 1,519,566 battery electric (BEVs) and plug-in hybrids (PHEVs) vehicles were sold worldwide (i.e. 2.66 times more than in the first quarter of 2020), including 666,572 in China , 616,845 in Europe and 236,149 in other regions, mainly the United States. China and Europe are therefore neck and neck in the sales of BEV + PHEV cars, but in terms of market share, Europe keeps the advantage because its overall market is one and a half times smaller than the Chinese market.
- The BEV + PHEV market share in Europe thus stands at 15% of the passenger car market, while it does not exceed 10% in China. And it is only 5% in the United States, waiting for a new policy to really develop this market. However, in the world, the market share remains at a very low level (7.5%), because for many regions electric and hybrid engines remain inaccessible. But this market share is growing overall every year, and the past three years have seen the strongest growth.
- In the first 4 months of 2021, Tesla remains by far the leading brand in this electric market, with 216,079 units sold, ahead of GM-Wuling (133,720 units), Volkswagen (89,655 units), BMW (83,885 units), BYD (78,690 units), Mercedes (72,139 units), Volvo (63,375 units), SAIC MG-Roewe (57,713 units), Audi (47,715 units) and Peugeot (39,329 units).
- The best-selling models over the period were the Tesla Model 3 (141,696 units), WulingHongGuang Mini EV (125,925 units), Tesla Model Y (72,296 units) which alone represent 22.5% of BEV + PHEV vehicles registrations in the world.
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Renault will produce its hybrid models mainly in Spain
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Renault will produce its hybrid models mainly in Spain
- Renault has announced that it has chosen Spain to produce its next five hybrid (HEV) and plug-in hybrid (PHEV) models scheduled for 2022-2023-2024. The country will therefore become one of the most important poles of hybridization for Renault brand vehicles, France still expecting to become the most important pole for battery electric vehicles (BEV) of the brand. Two plants will produce these HEVs and PHEVs: Valladolid and Palencia.
- In Valladolid will be produced a B-segment SUV type HEV (probably the Captur) and another new hybrid vehicle (HEV), also a B-segment SUV type.
- At Palencia, the renewed Kadjar in PHEV version will be produced as well as the renewed Méganesedan and the station wagon in PHEV version. It is to be noted that the BEV version of the Mégane will be produced in Douai.
- Spain, which is the second largest car producer in Europe behind Germany, is already largely involved in the electrification. The Opel plant in Zaragoza produces the electric Corsa, the Mercedes plant in Vitoria produces the electric V-Class and Vito, the Ford plant in Valencia produces the Kuga plug-in hybrids. And Spain will benefit from the transformation of the Martorell plant, which from 2025 will produce the future B-segment BEVs of the Volkswagen group.
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In China, which carmakers are posting the strongest growth in the first quarter of 2021?
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In China, which carmakers are posting the strongest growth in the first quarter of 2021?
- The Chinese passenger car market is up 76.6% in the first quarter of 2021 compared to the first quarter of 2020, which had been hampered by lock down and plant closures for several weeks. It is practically back to the level of the first quarter of 2019, down only 3.5% compared to this period. Which carmakers are posting the strongest growth in the first quarter of 2021?
- The strongest growth is recorded by the Tesla brand which was not present in China at the start of 2020. This is also the case for the Lincoln brand of the Ford group which intends to make a place for itself in the Premium segment against Cadillac and… Tesla .
- Next comes GM-Wuling (+ 260%) which benefits from the massive success of its small BEV, the HongGuang (nearly 100,000 sales in China in the first quarter of 2021). The HongGuang EV has helped reverse the descending trend of the GM-Wuling brand that has been observed for several years. Strong growth was also recorded by the Peugeot (+ 203%) and Citroën (+ 136%) brands of the Stellantis group which had collapsed in recent years and which sale low volumes. Next are the Buick (+ 123%) and Cadillac (+ 129%) brands of the GM group, the Chinese brands Great Wall (+ 134%) and Changan (+ 123%), the Japanese brand Honda (+ 114%) and the Premium brands Audi (+ 97%) and BMW (+ 97%).
- Chinese local carmakers now represent 42% of the Chinese passenger car market against 41% in 2020. The Chinese government’s target (more than 40% of market share) announced a few years ago has therefore been reached.
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Honda, Volvo and Jaguar target 100% electric sales by 2040
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Honda, Volvo and Jaguar target 100% electric sales by 2040
- Honda is targeting 100% of its sales to be BEV (battery electric vehicles) by 2040 in its main markets (USA, China, Japan), rising to 40% in 2030 and 80% in 2035.
- For Japan, the carmaker believes that this plan will be too ambitious, which is why it plans a 20% share in 2030 and 70% in 2035. Today, Japan is resilient to this type of car, as in 2020, there are only 31,000 sales of this type of model on a global market of nearly 4 million passenger cars (less than 1% of the market).
- Honda is not the only producer to count on 100% sales of electric cars by 2040, as Volvo and Jaguar have also announced this target, the first expected for 2030, the second for 2025. Volvo expects battery electric vehicles to represent 50% of its global sales in 2025 and plug-in hybrid models (PHEVs) to represent the remaining 50%. Then, from 2030, all cars sold by Volvo will be 100% BEVs. We have also seen that the Stellantis group, for its part, is forecasting on 70% of its sales in electric motors by 2030.
- All these objectives are announced knowing that the demand for electric vehicles remains low today in most regions of the world (from 1% to 10% depending on the region). In China, for example, it does not reach 10% of total registrations.
- In Europe, it does not exceed 7% for BEVs and 9% for PHEVs, and less than 2% in countries located in Eastern Europe. In the United States, it is less than 3.5% and in Japan less than 1%. So there is still a long way to go.
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The European LUV market is restarting very strongly in 2021
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The European LUV market is restarting very strongly in 2021
- The European light utility vehicles (LUV) market recovered very well in the first quarter of 2021, showing an increase of 26.2% compared to the first quarter of 2020 and practically returning to the level of 2019 which had been a year record for LUV sales. With 533,000 vehicles sold in the first quarter of 2021, we are getting closer to the 561,000 sales in the first quarter of 2019 and away from the 434,000 sales recorded in the first quarter of 2020.
- This recovery started in February 2021 but it was amplified in March. It is likely that the next few months will confirm this trend. Companies that buy this type of vehicle therefore anticipate a return to normality, after a year of uncertainty following the coronavirus crisis and its multiple consequences. They expect the economy to pick up sharply after a year of a sluggish economy.
- The European countries which benefited the most from this improvement were Sweden, Great Britain, Austria and Italy, which recorded increases of more than 40% in their LUV sales, with France and Poland recording increases of around 35%. Germany is only seeing an increase in LUV sales of just 5%, but it held up well last year. Spain recorded a 12% increase in sales.
- All in all, France is stepping up its lead over Germany and remains the leader in this LUV market, ahead of Great Britain, Germany, Italy and Spain.
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