Evolution of PHEV sales in Europe, China and the USA
- The PHEV market has made great progress in Europe and China, while in the United States the growth is still quite limited.
- In Europe, the average market share which was 0.7% of total passenger car registrations in 2017, went from 1.1% in 2018 then 1.3% in 2019, 5.2% in 2020, 8.9 % in 2021 and 9% in 2022. Volumes increased from 112,849 units in 2017 to 171,485 in 2018, 199,707 in 2019, 619,129 in 2020, 1,045,022 in 2021 and 1,013,827 in 2022.
- In China, the average market share which was 0.4% of total passenger car registrations in 2017 rose to 1.2% in 2018 then 1.2% in 2019, 1.2% in 2020, 2.8 % in 2021 and 6.5% in 2022. Volumes increased from 110,699 units in 2017 to 249,031 in 2018, 224,215 in 2019, 244,393 in 2020, 597,752 in 2021 and 1,530,479 in 2022.
- In the United States, the average market share, which was 0.5% of total passenger car registrations in 2017, varied to 0.7% in 2018 then 0.5% in 2019, 0.4% in 2020, 1.1% in 2021 and 1.4% in 2022. Volumes increased from 90,091 units in 2017 to 113,650 in 2018, 83,660 in 2019, 64,521 in 2020, 164,152 in 2021 and 189,486 in 2022.