Wednesday, February 23, 2022

UK: Cars with electric motor over 50%

 [In other words, any car with an electric motor: hybrids, plug-in hybrids and full EVs]


From CleanTechnica


The UK saw plugin electric vehicle share hit 20.4% in January 2022, up from 13.7% in January 2021. Full battery electrics almost doubled their share year-on-year, to 12.5%. Diesels continued their retirement walk, with just 5.2% share, from 12.3% year-on-year. Overall auto volumes recovered slightly from last year, but were still down by around a quarter from long term seasonal norms, at 115,087 units.

January’s combined plugin result of 20.4% comprised 12.5% full battery electrics (BEVs) and 7.9% plugin hybrids (PHEVs). This 61:39 weighting represents a slight, temporary, dent to BEVs compared to recent weightings, mostly due to Tesla’s BEVs not delivering in significant volume at the start of the quarter.

A year ago, the two categories were evenly weighted. Since then BEVs’ share has nearly doubled from 6.9% in January 2021, to 12.5% last month. PHEVs meanwhile only grew from 6.8% to 7.9% share over the same period. BEVs are thus the outstanding growth story in the UK auto market.

Smoothing out the monthly variance, the trailing quarter’s plugin share stands at 27.1% (up from 18.3% YoY). BEVs alone constitute over two-thirds of that, at 18.2% (from 11.4% YoY).  [At this growth rate, EVs/PHEVs will reach a 40% market share by the end of this year]



Source: CleanTechnica
Cars with an electric motor (HEVs, PHEVs and EVs) now exceed 50% of the market


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