Plug-in car sales declined in November 2023 due to PHEVs

In November, sales of plug-in electric cars in Europe fell year-on-year for the first time in more than a year (from July 2022), losing some market share.

The reason for the decline is related to the noticeable decline in sales of plug-in hybrid vehicles (PHEVs), which was not offset by relatively weak sales growth of battery electric vehicles (BEVs). Meanwhile, the overall market expanded 6% year-on-year.

Charge yourself fully

Almost one in four new cars in Europe is rechargeable

Europe is one of the world’s largest markets for plug-in electric cars, with a pretty decent average battery car share of around 23% (as of November).

According to EV volumes According to data shared by researcher Jose Pontes, 273,872 new electric cars were registered in Europe in November, which is 2% less than a year ago. The market share amounts to 26% (compared to almost 28% a year ago).

Registrations of all-electric cars improved 5% year-on-year, taking 17% of the market (almost the same as a year ago), while plug-in hybrids were down 15% year-on-year.

Car registrations with add-ons for the month (YOY change):

  • BEV: around *183,500 (5% growth) and 17% market share
  • PHEV: around *90,000 (down 15%) and 9% market share
  • Total: 273,872 (down 2%) and 26% market share

* Calculated from market share

In the first 11 months of the year, more than 2.7 million passenger electric cars were registered in Europe, which is about 23% of the total market.

Car registrations with Jan-Nov add-on (YOY change):

  • BEV: about *1.83 million and 15% market share
  • PHEV: about *0.91 million and 8% market share
  • Total: 2,721,944 (up 24%) and 23% market share

* Calculated from market share

For reference, more than 2.6 million new passenger electric cars are registered in Europe in 2022 (about 23% of the total volume).

It’s hard to believe that December will bring us significant progress, and it looks like Europe will end up with the same plugin market share as 2022 (but with higher volume, in line with the expansion of the overall market).

The Tesla Model Y remains the best-selling plug-in model in Europe for the 13th consecutive month with 18,211 new registrations in November. Interestingly, the volume of deliveries of the Tesla Model 3 Highland from China (17,524 registrations) allowed Tesla to secure the top two spots, with a large advantage over the other models.

We can then see outstanding results from the Skoda Enyaq iV (8,889) and the Audi Q4 e-tron (7,118) – both direct cousins ​​of the Volkswagen ID.4 and both significantly outperforming the ID.4 during the month.

Results for the month:

  1. Tesla Model Y – 18,211
  2. Tesla Model 3 – 17,524
  3. Skoda Enyak iV – 8,889
  4. Audi Q4 e-tron – 7,118
  5. MG 4 – 6,413
  6. BMW i4 – 6,055
  7. Volvo XC40 – 5613 (5139 BEV + 474 PHEV)
  8. BMW iX1 – 5,538
  9. Volkswagen ID.4 – 5 419
  10. Dacia Spring – 5,253 pcs

After the first 11 months of 2023, the Tesla Model Y is unavailable for other additions and looks set to be the best-selling car in Europe overall.

The Tesla Model 3 is likely to be the best of the rest, ahead of the Volkswagen ID.4 and the Skoda Enyaq iV.

Results January-November:

  1. Tesla Model Y – 230 008
  2. Tesla Model 3 – 88,162
  3. Volkswagen ID.4 – 75 408
  4. Skoda Enyak iV – 70 358
  5. Volvo XC40 – 68,837 (46,467 BEV + 22,370 PHEV)
  6. Audi Q4 e-tron – 64,010
  7. MG 4 – 63,232
  8. Volkswagen ID.3 – 58876
  9. Fiat 500 electric – 58182
  10. Dacia Spring – 54,266 pcs

By the end of November, the Tesla, BMW and Volkswagen brands had the highest number of new plug-in car registrations (yes, BMW is still ahead of Volkswagen, with Mercedes-Benz close behind).

In terms of automotive groups, Volkswagen Group with over 21% share is far ahead of Stellantis (13.7%) and Tesla (12%).

Top brands by share in the plug-in segment in January-November:

  • Tesla – 12.0%
  • BMW – 8.5%
  • Volkswagen – 8.2%
  • Mercedes-Benz – 7.8%
  • Audi – 5.8%
  • Volvo – 5.6%

Top car groups by share in the plug-in segment in January-November:

  • Volkswagen Group – 21.2% share (Volkswagen brand 8.2%)
  • Stellar – 13.7%
  • Tesla – 12.0%
  • BMW Group – 10.1% share (BMW brand 8.5%)
  • Hyundai Motor Group – 8.4%
  • Mercedes-Benz Group – 8.4% (Mercedes-Benz brand at 7.8%)

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