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BloombergNEF shares its 2024 Electric Vehicle Outlook

Teslarati

The auto industry continues to shift toward electric vehicles (EVs), and while sales growth has slowed somewhat this year at many companies and in many markets, recent guidance shows that it may only be in the near-term.

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EVs in France reach record market share

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Full electrics grew at a decent rate, but plugin hybrids fell. Overall auto volumes for the month were flat year on year, but full year 2022 volumes were down almost 8% on 2021. December’s overall plugin result of 25.0% plugin hybrids (PHEVs). For 2022 as a whole, plugins accumulated a 21.6%

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Expert panel report finds achieving 1M plug-in vehicles in US by 2015 would require concentrated action to overcome barriers

Green Car Congress

A new study sponsored by Indiana University concludes that President Obama’s vision of one million plug-in electric vehicles (PEVs) on US roads by 2015 will require concentrated efforts action from all stakeholders— the auto industry, federal government, the scientific community, and consumers—to be realized.

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In December EVs took more than half of the German car market

Push EVs

The tide has turned in the electrification of the German auto market, with plugin electric vehicles taking the majority of sales for the first time in December. Plugins took 55.4% of the month’s passenger auto sales, with full electrics taking a third (33.2%) and plugin hybrids taking over a fifth (22.2%).

Market 59
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June 2023 – Record market share for EVs in France

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share, while plugin hybrids grew from 7.0% Overall auto volume was 190,847 units, up some 12% YoY, though still below long term norms, and with almost all the growth coming from plugins. June’s combined plugin result of 26.9% plugin hybrids (PHEVs). June’s combined plugin result of 26.9%

France 59
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May 2023 – Tesla Model Y conquers Sweden

Push EVs

Plugin electric vehicles saw strong year on year growth in market share in Sweden, taking 61.9% share, with plugin hybrids slightly losing share YoY. Overall auto volume was 28,492 units, up some 8% YoY, though year to date volume remains some 5% down compared to 2022. May’s combined plugin result of 61.9% in May 2022.

Sweden 59
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June 2023 – Tesla Model Y was the best selling car in Sweden

Push EVs

Sweden’s June auto market saw plugin EVs take 59.2% Full electrics grew share at a decent rate, while plugin hybrids retreated slightly. Overall auto volume was 28,283 units, up some 9% YoY, though still below pre-2020 norms. plugin hybrids (PHEVs). plugin hybrids (PHEVs). share, up from 55.1%

Sweden 52