The growth of BEVs is clear in China and the USA. For Europe, we are witnessing a slowdown.
- Sales evolution of electrified vehicles (xEVs) in the three major regions of the world - China, Europe and the USA - appear in a contrasting manner.
- Regarding BEVs, growth is clear in China and the USA. For Europe, we are witnessing a slowdown, both in market share and in volume, over the last 9 months (from August 2022 to April 2023). However, we note in Europe a significant peak in December 2022 followed by a fall in January 2023. It is in China that BEV sales are the most dynamic, with a market share of 25% in April 2023, while the average market share over the year 2022 did not exceed 21%. In Europe, BEV sales represent 13% of the market in April 2023 and over the first four months of 2023, whereas we had reached a share of 14% over the whole of 2022. In the United States , BEVs represent 7.2% of the market in the first four months of 2023, compared to 5.8% in 2022.
- Regarding PHEVs, their market share in China in 2023 exceeded that recorded in Europe: 8.6% compared to 7.1%. Compared to 2022, there is a real slowdown in Europe, because at that time we had reached a market share of 9%. On the other hand, in China, growth continues because in 2022, the share of PHEV sales did not exceed 6.5%. In the United States, we observe a very slight progress: 1.6% over the first four months of 2023 against 1.4% in 2022.
- Regarding HEVs, their market share is shrinking both in China (2.9% over the first four months of 2023 against 3.2% in 2022) and in Europe (6.8% against 7.3 %). On the other hand, in the United States, their market share increased (6.4% against 5.4%).