JUNE PROVISIONAL WEST EUROPEAN MARKET UPDATE
"Market powers forward to meet CO2 emissions compliance, leaving the total market trailing"
- 4.8 per cent of all the new passenger cars registered in the 18 monitored West European markets were fully electric-powered BEV (battery electric vehicles) passenger cars in June, and 4.7% in the turbulent corona impacted opening 6-months of the year
- With 216,000 new pure electric cars joining West European roads during the opening half of the year, volumes have already surpassed 2018 full-year levels, that narrowly failed to surpass 200,000 units, as manufacturers race to introduce new electric models this year in order to meet latest fleet average European CO2 compliance levels, phased in this year.
- BEV registrations, rose by 44 per cent over previous year levels to 49,000 units in June, outperforming the total passenger car market by a considerable margin – falling by 24 per cent year-on-year during the same month. This marked a sixth consecutive year-on-year monthly decline in the West European passenger car market, according to European Electric Car Report data.
- Between January and June this year 390,000 combined plug-in passenger cars were newly registered in the West European region. Monthly PHEV (Plug-in hybrids) volumes have been close to exceeding BEV volumes so far this year, which could happen in July once the Tesla quarterly bounce is factored in.
More in the June edition soon, read more on the latest update here:
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