Electric car sales are currently surging in Europe with market share reaching new records in many countries. Amid the pandemic, the automotive industry has seen great success, but it is electric vehicles that have made the difference.
Sales of electric cars have performed satisfactorily, with electric vehicles achieving record sales in many markets compared to conventional vehicles.
This is especially true in Europe, where automakers are focusing on their new electric vehicles due to emissions regulations. In November in Germany, electric car sales reached 10% of the automotive.
This new record in market share is a major indication that electric cars are having a great success.
But another interesting point is that among the 10 best-selling electric vehicles on the market, 6 are not available in North America:
- Renault Zoe
- Hyundai Kona EV
- VW ID.3
- Smart Fortwo
- VW e-Golf
- VW e-Up
- Tesla Model 3
- Opel Corsa E
- BMW i3
- Mazda MX-30
Several of these vehicles were recently launched exclusively in Europe, such as the VW ID.3 and the Mazda MX-30.
Beyond the pandemic, we think this shows two things: the regulations are working and more electric vehicle models on the road will have a huge impact.
All those so-called experts who predict that the market share of electric vehicles will reach 30-50% by 2030-2035 have completely fallen off the rails.
The availability of more EV models makes a difference, and the same will happen when more electric cars and trucks roll out to more parts of North America.
We're not saying there aren't differences in customer mindsets in different markets, but we believe that choices and lack of choices represent a large part of the problem.
This problem has been fixed in Europe and the same will happen in North America in the next 2-3 years, as 20-30 new electric vehicle models are set to hit the market.
Source of information: electrek.co
