BEVs represent 16% of the European market over 9 months 2023
- 说明
BEVs represent 16% of the European market over 9 months 2023
- Sales of battery electric vehicles (BEV) have been growing continuously in Europe (EU + UK + Switzerland + Norway) for around ten years. If we take the last three years as a reference, we observe that the share of BEVs sold in Europe increased from 6% over the first 9 months of 2020 to 7% over the first 9 months of 2021, then the growth accelerates with 12% over the first 9 months of 2022 and 16% over the first 9 months of 2023 (23% in China).
- Plug-in hybrid cars (PHEV) increased from 5% over the first 9 months of 2020 to 8% over the first 9 months of 2021 then 9% over the first 9 months of 2022, but we observe a decline to 7% over the first 9 months of 2023.
- Full-hybrids (HEV) increased from 4% over the first 9 months of 2020 to 6% over the first 9 months of 2021, then 7% over the first 9 months of 2022 and 8% over the 9 first months of 2023.
- Mild-hybrid hybrids (MHEV) increased from 9% over the first 9 months of 2020 to 16% over the first 9 months of 2021, then 17% over the first 9 months of 2022 and 19% over the first 9 months of 2023.
- If we combine these four alternative engines, we obtain just 50% market share in Europe over the first 9 months of 2023 compared to 24% over the first 9 months of 2020, i.e. a doubling of the market share in four years.
- Gasoline and diesel engines without any hybridisationtherefore still represent 50% of the European PC market but diesel only represents 13% of the market over the first 9 months of 2023 compared to 27% over the first 9 months of 2020.
The Moroccan passenger car market remains stable in 2023
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The Moroccan passenger car market remains stable in 2023
- The Moroccan passenger car market grew significantly between 2005 and 2017, going from 60,000 passenger cars to 180,000 (sales peak reached in 2017), then it declined from 2017, gradually falling to 140,000 in 2023. To justify this drop in sales, the Moroccan authorities evokes the Covid crisis in 2020, then a shortage of semiconductors and a disruption of global logistics in 2021, then the consequences of the Russian-Ukrainian conflict in 2022 with a strong increase in the price of raw materials and oils. In 2023, local demand stabilized at a low level (140,000 sales compared to 143,000 in 2022).
- By brand, we have observed a consolidation of carmakers positions for several years, meaning that the ranking of the top ten brands does not really change, with Dacia keeping its leading position (27% of the market in 2022) thanks to the production of Logan and Sandero in Tangier ahead of Renault (15%) which maintains its second place, Hyundai (9%) third and Peugeot (8%) fourth. These four brands represent 59% of the market in 2022 compared to 58% in 2021.
- Sales of xEVs remain very low, with 5,027 full-hybrids sold in 2022 (compared to 4,196 in 2021), 516 plug-in hybrids (compared to 421 in 2021) and 171 battery electric vehicles (compared to 267 in 2021), i.e. 5,714 in total (compared to 4,884 in 2021), which represents 4% of the Moroccan market. Diesel still represents the vast majority of sales of thermal cars (86% in 2022) but it is declining from year to year (94% in 2018, 91% in 2020, 89% in 2021).
The Turkish passenger car market will undoubtedly break its record in 2023
- 说明
The Turkish passenger car market will undoubtedly break its record in 2023
-The Turkish passenger car market often evolves up and down, but we can say that the peak of sales was reached in 2015-2016 with a volume of 750,000 passenger cars per year. The Turkish market then contracted to gradually fall to 400,000 units in 2019. Curiously, the Covid crisis did not affect this market in 2020 which rose to 600,000 units. The Turkish market then stabilized, disrupted like other markets by the shortage of semiconductors and the disruption of global logistics, then by the rise in the price of raw materials and oils.
-Another surprising fact, while we often talk about a difficult economic situation in Turkey in 2023, the passenger car market opposes this observation, because it increases sharply this year, with a real possibility of getting closer to the sales peaks of 2015-2016, i.e. nearly 750,000 passenger car sales over the entire year.
-By brand, the first two leaders have remained the same for several decades, namely Fiat (16% market share in 2022) and Renault (15% market share in 2022). These two carmakers are also the two largest producers of passenger cars in Turkey. Behind, we note the presence of Volkswagen (which ultimately will not build a plant in Turkey), Hyundai (which has a plant in Turkey) and Toyota (which also has a plant in Turkey).
-Note that the market for battery electric vehicles (BEV) is starting in Turkey, with 4% market share in 2023 (compared to 1% in 2022 and 0.5% in 2021) and 5% for xEVs (HEV+PHEV+BEV).
The Algerian passenger car market remains at a very low level in 2023
- 说明
The Algerian passenger car market remains at a very low level in 2023
- The Algerian passenger car market has been suffering since 2016, since the end of imports decided by the Algerian government to favor the local production of cars.
- Sales volume of passenger cars increased from nearly 450,000 units in 2012 and 2013 to 100,000 units in 2016 and 2017.
From that period, the Algerian market was supplied mainly by local plants which assemble vehicles in CKD (Complete Knocked Down) or SKD (Semi Knocked Down), such as those of Renault-Dacia, Hyundai-Kia or Volkswagen-Audi. The objective of the Algerian government was for automobile carmakers to set up as many plants as possible in the country to supply the automobile market estimated at 400,000-450,000 units per year, but this objective was not achieved since there were few carmakers who have decided to establish themselves permanently in Algeria.
- As a result, new car sales collapsed in the 2015-2016 period and fell to 100,000 units per year. The Covid crisis has once again caused new car sales to fall, this time below 35,000 units per year. In 2022, they did not exceed 25,402 units, compared to 32,851 units in 2021. In 2023, they should increase slightly to 30,000 units.
- By brand, Dacia remains the leader in the Algerian market in 2022 (with 28% of market share) thanks to the Oran plant which produces the Logan and Sandero and also thanks to very low prices which correspond well to local demand. The Korean brands Hyundai and Kia follow with 24% combined market share. The Chinese Chery occupies 9% of the market ahead of Renault and Peugeot.
Stellantis will double its production capacity in Kenitra (Morocco)
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Stellantis will double its production capacity in Kenitra (Morocco)
-The Stellantis group announced that it would double the production capacity of its Moroccan factory in Kenitra, which will go from 200,000 vehicles per year to 400,000 vehicles per year in 2024 and then 800,000 per year in 2030.
-Currently, only part of the thermal Peugeot 208 is produced in Kenitra (less than 100,000 units per year) as well as the Citroën AMI and Opel Rocks-e electric cars (12,000 units per year). With the arrival of the Fiat version (Topolino), the number of small urban vehicles should reach 20,000 units produced per year in 2024-2025 but Stellantis has announced that it intends to produce 50,000 per year by 2030. For the remaining production capacities, Stellantis' projects are still unclear.
-It seems that the carmaker wants to implement the CMP Entry platform there for economic models adapted to the markets of North Africa and the Middle East, but no model is specified. It is possible that the new Citroën C3 which has just been revealed and which uses this platform will be produced in Kenitra (in addition to the Slovak site of Trnava) and also the future Fiat Panda which will be very close to this Citroën C3, as well as the Opel Crossland which will also be very close to the Citroën C3. Other models could be added to this list. The Peugeot 208 could also see its production volume increase from the current generation and especially from the launch of the next generation (scheduled for 2026).
-Thanks to all of these models, Stellantis intends to take a 40% share of the passenger car market in North Africa in 2030 (current market of less than 500,000 vehicles per year) while today Renault is largely the leader on this market, without being able to define its market share precisely.