Autos

the electric car represented 4.3% of the market in the 1st quarter of 2020

Over the period January-March 2020, the registrations of 100% electric and hybrid cars exploded in a market in sharp decline due to the coronavirus crisis.

In mid-April, the association of European car manufacturers (ACEA) made the black balance sheet for the 1st quarter of 2020. Already fragile, the market stalled in March with registrations down 26.3% compared to 2019. From 4.15 million vehicles, the 27 countries of the Union plus the United Kingdom, Norway, Switzerland and Iceland folded to 3.05 million. But in this gloomy context, the electrical industry has good wind.

Germany taken from gold 2020?

According to statistics provided by ACEA, which has compiled data from all the countries of the continent, the increase is spectacular. The 100% electric cars went from 82,362 to 130,297 over one year. With an increase of 58%, they now represent 4.3% of sales.

In terms of volume, Germany takes the throne with more than 26,000 units (+ 63%) closely followed by France and its 25,960 EVs (+ 146%). A pioneer country in Europe, Norway retrogrades third with a drop of 12% to 18,655 vehicles, pressed by the United Kingdom tripling sales to more than 18,000 cars. After a significant rebound in 2019, the Netherlands stagnated in 2020, with + 1% to 8,626 cars.

Plug-in hybrids were even more popular at the start of 2020. Volumes more than doubled in the first quarter, at + 126%. From 43,221, registrations jumped to 97,013, a share of 3.2%. Germany is champion of the discipline with more than a quarter of registrations, pushed by its local manufacturers. This is followed by the United Kingdom, Sweden (many Volvo connected), France with 9,423 units and Norway.

Classic, non-rechargeable hybrids also continue their breakthrough. With an increase of 48%, they were more than 310,000 to find a buyer between January and March 2020. In this area, it was across the Channel that the engine was most successful (68,211). Then come Germany (63,121) and Italy (34,717). In total, 10.2% of new cars were hybrid on the Old Continent.

Second quarter expected drop

All predictions are still unclear for the remainder of 2020. Containment from the Covid-19 epidemic peaked in April. Thus, almost all countries have plunged in terms of sales. In France, electricity fell 62% in April compared to last year.

In May, the majority of factories resumed, and deconfinement measures are gradually being put in place all over Europe. Despite substantial offers and discounts, the market should not return to its pre-coronavirus form for a long time.

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