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Europe January 2021

EV Sales

PHEVs shine in disrupted market The European passenger plug-in market registered 112,000 registrations in January (+50% YoY), with PHEVs (+85%) growing faster than BEVs (+18%), with PHEVs starting the year ahead of BEVs (42% BEVs / 58% PHEVs). In a month where the overall market saw the perennial leader VW Golf drop to 4th(!),

Europe 98
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Volkswagen plans more cost cuts amid lower deliveries and waning EV demand

Baua Electric

AFP) Volkswagen AG’s second quarter margins declined with restructuring charges weighing on its mass-market brands as well as lower deliveries in China. Audi , a key profit center, earlier this month lowered its profitability goal after sales slumped. New models assist 2H, bar Porsche which is hit by 911 supply constraints.

China 52
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Europe April 2021

EV Sales

1-2 win for Volkswagen The European passenger plugin market continues on the rise, having registered over 159,000 units in April, and 616,000 units YTD (+136% YoY), placing last month plugin share at 15% share (7.1% 3 sibling hasn't yet set the market on fire.The ID.4 3 sibling hasn't yet set the market on fire.The ID.4

Europe 52