EV and PHEV sales in Europe have set another record in 2018 with a 22% increase to nearly 345.000 sales of plug-in vehicles, of which close to 190.000 full electric cars and almost 155.000 plug-in hybrid cars. Sales of the former surged 44% while PHEV sales were virtually stable at +3,3%. 2018 therefore marks the first year that battery electric cars outsold PHEVs. Plug-in vehicles accounted for 2,2% of the European car market, up from 1,8% in 2017 and 1,4% in 2016. The rate of growth for EVs in Europe still lags that of worldwide EV sales, which grew by 73% in 2018.
EV and PHEV sales in Europe have set another record in 2017 with a 33% increase to top 282.000 sales of plug-in vehicles, of which 132.000 full electric cars and 150.000 plug-in hybrid cars. Sales of the former surged 35% while PHEV sales spiked 31%. This means plug-in vehicles accounted for 1,8% of the European car market, up from 1,4% in 2016.
EV and PHEV sales in Europe have set another record in 2016, but the growth curve has significantly slowed, with just a 7% gain for battery electric cars and 17% for Plug-in hybrid cars, compared to an overall market up 6,2%. As a result, combined sales of all plug-in vehicles grew from 1,4% of the market in 2015 to 1,5% in 2016. While we hit the 100.000 annual sales milestone for PHEVs, EVs missed that target by just 2.500 units, as customers were waiting for the “next generation” EVs with longer range which arrived late 2016 (BMW i3) or early 2017 (Renault Zoe, VW e-Golf). Also, a number of governments, most notably Denmark and Sweden, have dialed back on their EV incentives in 2016 while Germany’s new EV and PHEV subsidy hasn’t made a big impact yet. In The Netherlands, an incentive on PHEV’s as company cars was cut in 2017 so that boosted deliveries of these vehicles in the last few months as customers wanted to benefit from the incentives before they ended. As a result, 2017 PHEV sales are expected to crash and burn in The Netherlands while EVs are expected to show healthy growth there because this will be the only type of vehicle to receive government incentives.
2016 is set to once again break a new record for both EV and PHEV sales in Europe, but mostly thanks to Plug-in hybrid cars. Sales of battery electric cars increased just 7% in the first three quarters of the year to 70.654 units, after improving by almost 50% in both 2015 and 2014. This means we’ll probably have to wait until 2017 to reach 100.000 annual EV sales in Europe, because a number of governments, most notably Denmark and Sweden, have dialed back on their EV incentives in 2016. Sales of Plug-in Hybrid Vehicles are also slowing down their growth curve, but still improved by 45% and look set top 100.000 sales this year already. Total sales of plug-in vehicles are up 24% to 151.912, or 1,3% of the overall market, compared to 1,1% in the first nine months of 2015.