With a lot more than 910,000 new registrations in January, the European passenger vehicle marketplace expanded by 11 p.c yr-over-12 months.

According to EV Volumes data, shared by Jose Pontes, some 158,727 new passenger plug-in vehicles were registered in Europe in January (up 3 percent yr-around-yr). That’s a optimistic final result, but the advancement level was decrease than in the case of the standard current market.

We guess that it really is a normal final result of the December rush (just before the reduction or stop of some incentives in choose markets) and that the predicament will strengthen later.

According to the details, all-electric powered car revenue elevated by 14 per cent (so the current market share is still rising), but plug-in hybrids have been down by 10 % calendar year-over-yr.

New plug-in automobile registrations:

  • BEVs: *93,000 (up 14% yr-over-calendar year) and 10% share
  • PHEVs: *65,000 (down 10% calendar year-around-yr) and 7% share
  • Overall: 158,727 (up 3% calendar year-about-yr) and 17% share

* believed from the sector share

For reference, in 2022, more than 2.6 million new passenger plug-in electrical cars ended up registered in Europe. Which is about 23 per cent of the total quantity (when compared to 19 per cent a calendar year earlier and 11 percent two decades in the past).

  • BEVs: about *1.58 million and 14% share
  • PHEVs: about *1.02 million and 9% share
  • Total: 2,602,431 and 23% share

* believed from the market place share

The very best-promoting plug-in electric motor vehicle in January was the Tesla Design Y with 7,626 new registrations (which includes 4,108 in Germany).

Interestingly, the next most common product was the Volvo XC40 (5,876), but actually only if we rely BEV and PHEV versions with each other.

The 3rd most well known was the Dacia Spring (4,239), which at the time once again indicates how well-liked entry-amount, inexpensive, compact electric motor vehicles are.

Final results previous month:

  1. Tesla Product Y – 7,626
  2. Volvo XC40 (BEV + PHEV) – 5,876
  3. Dacia Spring – 4,239
  4. Audi Q4 e-tron – 3,566
  5. Volkswagen ID.3 – 3,370
  6. Volkswagen ID.4 – 3,338
  7. Fiat 500 electrical – 3,258
  8. Skoda Enyaq iV – 3,229
  9. Ford Kuga PHEV – 3,056
  10. Kia Niro (BEV + PHEV) – 2,905

For reference, in 2022, the most popular versions were the Product Y and Design 3 with respectively 138,373 and 91,257 models.

In conditions of the most well known plug-in manufacturers, we can see BMW, Mercedes-Benz, and Volvo (all premium manufacturers), adopted by Volkswagen and Tesla. We guess that Tesla would be at the leading when only all-electric powered autos are viewed as.

Top rated plug-in brands (share yr-to-date):

  • BMW – 8.6%
  • Mercedes-Benz – 8.2%
  • Volvo – 7.8%
  • Volkswagen – 7.7%
  • Tesla – 6.2%
  • Audi – 6.1%
  • Peugeot – 4.9%

Top plug-in automotive groups (share 12 months-to-day):

  • Volkswagen Team – 20.7% share (Volkswagen brand at 7.7%, Audi at 6.1%)
  • Stellantis – 14.1% share
  • Geely–Volvo – 10.7%
  • BMW Team – 10.3% share (BMW manufacturer at 8.6%)
  • Mercedes Team – 9.1% share (Mercedes-Benz model at 8.2%)
  • Hyundai Motor Group – 9.1 % share
  • Renault-Nissan-Mitsubishi Alliance – 8.% share
  • Tesla – 6.2% share

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