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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. Last month, Bloomberg data suggested that the ongoing EV sales slowdown in the U.S.

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

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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%

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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%

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June 2023 – Tesla Model Y was overall bestseller in the UK

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June saw plugin EVs take 25.1% of the UK auto market, up from 21.6% Both full electrics and plugin hybrids grew volume at a healthy clip. Overall auto volume was 177,266 units, up some 26% YoY, but still well below pre-2020 norms. June’s combined plugin result of 25.1% plugin hybrids (PHEVs).

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Tesla Model Y strengthens its position in Sweden

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Sweden’s plugin electric vehicles took almost 60% of the auto market in March, up from 55.6% Overall auto market volume was 30,261 units, up some 5% YoY, though still below historical seasonal norms. of all passenger auto sales! of all passenger auto sales! March’s combined plugin share of 59.9%

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June 2023 – Tesla Model Y is again the bestseller in Norway

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June saw plugin EVs at 90.9% share of Norway’s auto market, up from 89.9% Full electrics increased their share to 82.2%, with plugin hybrid share diminishing to 8.7%. Overall auto volume was 15,566 units, up 4.5% share in June, full battery electrics (BEVs) contributed 82.2%, with plugin hybrids (PHEVs) at 8.7%.

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