But if you’re a reader here, you knew this.
Also, the expert here again smacks down bogus headlines about “slow growth” for EVs.
But if you’re a reader here, you knew this.
Also, the expert here again smacks down bogus headlines about “slow growth” for EVs.
Only 1% EVs in America?
UK EV and Hybrid sales
Plug-in car registrations in the UK year-to-date (YOY change):
BEVs: 262,484 (up 34%) and 16.3% share
PHEVs: 113,278 (up 37%) and 7.1% share
Total: 375,762 (up 35%) and 23.4% share
One out of four new cars sold was rechargeable and almost 16 percent were all-electric.
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Europe
Plug-in car registrations for the month of August:
BEVs: *198,000 (up 106%) and 22% market share
PHEVs: *72,000 and 8% market share
Total: 270,356 (up 68%) and 30% market share
“The fully electric car segment expanded even quicker with a surge of 106 percent year-over-year to almost 200,000 units, taking more than one-fifth of the market (22 percent). That’s about three times more than in the United States.
So far this year, more than 1.9 million passenger plug-in electric cars have been registered in Europe, which is about 23 percent of the total market.”
https://insideevs.com/news/690307/europe-plugin-car-slaes-august2023/
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China
38% Plugin Vehicle Share In China! — China EV Sales Report
Share-wise, with July showing another great performance, plugin vehicles hit 38% market share! Full electrics (BEVs) alone accounted for 26% of the country’s auto sales. This pulled the 2023 share to 36% (24% BEVs), and considering the current growth rate, we can assume that China’s plugin vehicle market share will end over 40% by the end of 2023.”
https://cleantechnica.com/2023/09/09/38-plugin-vehicle-market-share-in-china-china-ev-sales-report-2/
1% of the entire fleet, not 1% of car registrations. BEV’s alone are about 8% of new car registrations in the US.
IEA has calculated plug-ins as ~2% of cars on the road right now:
https://upload.wikimedia.org/wikipedia/commons/9/96/PEVs_in_use_Top_countries_%26_regional_markets_2020.png
(I’m not sweating that hybrids are a good chunk of current sales, because it helps people make the scary transition, and it allows them to use the plug more and more over fuel-pumps as charging stations become more available.)
It’s been my thought the reason Big Oil has been doubling-down of late is 1) get as much as they can while they still can, and 2) give themselves some breathing space to ramp up at scale and exploit an extractive resource … which ya’ got to admit they are well suited to do
The myth of falling EV sales is Big Oil gaslighting …