Thursday, July 16, 2020

UK electric car sales reach 24%

Source: CleanTechnica



From CleanTechnica

The UK, Europe’s third largest auto market, saw plug-in electric vehicle market share hit 9.5% in June 2020, up from 2.1% in June 2019. Accumulated EV market share for H1 2020 now stands at 7.7%. The ever popular Tesla Model 3 was the 9th best selling passenger vehicle in June. [Sales of cars with an electric motor—simple hybrids (HEVs), plug-in hybrids (PHEVs) and fully electric vehicles—made up 23.7% of total car sales in June.]

Plug-in EVs as a whole took over 7.7% UK market share in the first half of the year, up from 2.1% in the same period last year. 
In Germany, cars with an electric engine made up 17.4% of total car sales, and in France they made up 17.9%.

Market share growth has been explosive over the last year, and is unlikely to continue at that pace.  All the same, even at 20% market share—and it is likely to increase steadily from here—demand for petrol and diesel in Europe will be falling sharply.   China—with nearly 30% of the world's car market—is also pushing EVs/PHEVs/HEVs; and electric-engined market share is rising in the USA too.

We have reached peak oil.

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