Sales of pure EVs in Europe grow 85 per cent in March
Data by Jato Dynamics has shown that demand for electrified vehicles was up by 31% in March in Europe - mostly driven by German, Norwegian, Spanish and Dutch registrations. Electric and plug-in hybrids counted for almost half of that total, but the real driver of growth was the BEV, whose registrations increased by 85%.
It was the first time that registrations of electrified cars (BEV, PHEV, HEV) exceeded the 100,000 units mark, with a total of 125,400.
The rapid volume growth of pure electric cars was mainly due to the outstanding results of Tesla. Thanks to strong demand for the Model 3 the brand entered the top 25 best-selling brands in Europe. Registrations of the Model 3 jumped from 3,747 units in February (revised) to 15,755 units in March – meaning it was Europe’s top selling electric car.
The Tesla Model 3 was also the top-selling premium midsize car in March. While it was able to outsell its rivals in the sedan category in February, the smallest Tesla was able to outsell all of its rivals in March, including all body-types.
Diesel sales have continued to decline. Last month, they recorded the lowest monthly market share since September 2000. Total diesel registrations counted for 31.2% of total volume against 36.2% in March 2018, and 44.8% in March 2017. Despite the big drops posted last year it seems that concern among consumers is still affecting demand, and the trend has not hit rock bottom yet. The biggest drops were posted by Mercedes, Renault, Peugeot, Ford and Land Rover. In contrast, Volkswagen, Skoda and Seat saw increases in diesel registrations.
For the overall European car market, total registrations fell by 3.6 per cent in March - the 7th consecutive monthly drop.