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massive growth in sales of plug-in electric cars in March 2021

Tesla Model 3 exceeds expectations and has been at the top with a huge advantage since the beginning of the year!

In March 2021, sales of plug-in electric cars in Europe increased by 169% year-on-year to the second highest monthly result of all time of almost 228,000!

a car driving down a busy highway: Tesla Model 3 shipments in Europe - March 2021 (Courtesy of Tesla, Inc.)

© UK
Tesla Model 3 Shipments in Europe – March 2021 (Courtesy of Tesla, Inc.)

Rechargeable passenger cars now hold a very high share of 16% which is a really good average for the continent.

Both categories – all-electric and plug-in hybrids – are growing very quickly (PHEVs are currently expanding much faster than BEVs).

Sales by Type:

  • BEVs: over 108,000 (plus around 100% compared to the previous year) and 7.6% of the market
  • PHEVs: Nearly 120,000 (up 264% year over year) and about 8.4% of the market

Timeline: external_image

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So far this year around 456,987 passenger plug-in electric cars have been registered in Europe. That is 15% of the total market.

Gallery: The slowest derogatory cars in the past 12 months (Motoring Research)

a car driving on a road: After the purchase price, depreciation is usually the most expensive part of driving a car.  Some cars depreciate faster than others, while some may actually increase in value.  As new data from CAP HPI shows, the following cars are more valuable today than they were 12 months ago.

Sales by Type:

  • BEVs: around 200,000 and around 6.6% of the market
  • PHEVs: around 256,000 and around 8.4% of the market

The Tesla Model 3 was the best-selling electric model in Europe for the second time in a row. The surge in deliveries in March isn’t a surprise, but the volume of 24,184 is higher than expected and completely out of reach for any other electric vehicle.

Tesla’s best-selling car has become one of the best-selling electric cars in major European markets such as the UK, France, Germany and Norway.

With 31,200 units and an enormous advantage over the rest of the pack, Model 3 has been number 1 since the beginning of the year – the difference to the second best is over 18,000!

Other best-selling plug-ins in March were: the Hyundai Kona Electric (5,643), the Volvo XC40 PHEV (5,567) and the Renault ZOE (5,482), followed by the brand new Volkswagen ID.4 (5,104) and the Volkswagen ID.3 (4,992 ). The position of the ID.3 seems disappointing.

According to the EV Sales Blog, Volkswagen, Mercedes-Benz and BMW (10% share each) are the three most important plug-in brands in Europe, followed by Volvo (8% share) and Tesla (7% share), Peugeot (6%) Share) and Renault (6% share).

Top 20 models for the month and YTD:

Table: external_image

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Electrified sales:

Source: via EV Sales Blog


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