xEV Country Share Tracker with global December and 2022 results is available for download

The xEV Country Share Tracker with global December and 2022 results is available for download. It covers 90 % of the world light vehicle sales in 55 countries and 99 % of the global sales of EVs and Hybrids.

Plug-ins (BEV & PHEV) reached 18,2 % of December light vehicle sales in these 55 markets, which was 4,3 %-pts higher than a year ago. BEVs reached 13 %, PHEVs 5,1 %. Strong Hybrids and Mild Hybrids reached 10,4 % compared to 9,7 % in December 2021. China NEV sales increased by +30 % y/y in December. China retail registrations for light vehicles (Cars, SUVs, MPVs, LCVs, incl. imports, excl. exports) increased by +8 % to 2,75 million, reversing the trend of previous months and coming in 300k higher than in the previous CPCA announcement. We relate this to pre-registration in December, ahead of ending purchase tax exemptions for ICEs and the end of the NEV subsidy, after 2022. Several markets in Europe will reduce (DE, NO, BE) or even end (Sweden) EV grants for 2023, which has lead to a run on EVs in November and December. The EV share in Europe was as high as 34,3 % in December and 20,8 % for the year. January is likely to see a setback for these reasons. The opposite happens in USA where some sales were delayed to 2023 when more EV grants become available from the IRA (Inflation Reduction Act). The EV share still reached a record 9,4 % in December and 7,2 % for the year. Please note that outside the 55 countries in this tracking tool, there is a large number of auto-markets in developing countries with very low or no EV sales. Therefore, the “all-55-countries” EV share in this dataset (14,6 %) differs from the real global share which was 13 % in 2022.

The xEV Country Share Tracker with global November results is available for download

The xEV Country Share Tracker with global November results is available for download. It covers 90 % of the world light vehicle sales in 55 countries and 99 % of the global sales of EVs and Hybrids. Plug-ins (BEV & PHEV) reached 18,2 % of November light vehicle sales in these 55 markets, which was 5,4 %-pts higher than a year ago. BEVs reached 13,2 %, PHEVs 5 %. Strong Hybrids and Mild Hybrids reached 12,2 % compared to 10,8 % in November 2021. China NEV sales increased by +49 % y/y in a weak overall auto market; November retail sales were -10 % lower than last year. The decline of ICE-only vehicles was -29 % y-o-y in China.

The xEV Country Share Tracker with global October results is available for download

The xEV Country Share Tracker with global October results is available for download. It covers 90 % of the world light vehicle sales in 55 countries and 99 % of the global sales of EVs and Hybrids. Plug-ins (BEV & PHEV) reached 16,5 % of October light vehicle sales in these 55 markets, which was 5,5 %-pts higher than a year ago. BEVs reached 11,8 %, PHEVs 4,7 %. Strong Hybrids and Mild Hybrids reached 11,9 % compared to 10,6 % in October 2021. While China NEV sales increased by +75 % y/y, the recovery of the total China auto market has stalled; October sales were -4 % lower than last year.

You will notice changes in the the market volumes for passenger cars in China. Instead of wholesales, widely communicated by official media, we are now showing retail sales which are harder to obtain for longer time series. Wholesales include exports and change in dealer inventory. In previous years the difference of wholesales to retail sales was not very significant, but with fast growing exports and inventories this year, we need to display retail sales for better accuracy of the domestic demand trend. The complete China time-series is now calculated on a retail sales basis, like in other countries. This has no impact on BEV, PHEV and Hybrid volumes as these were retail sales before. It means, however, that their shares in China light vehicle sales are somewhat higher than previously shown.

The xEV Country Share Tracker with global September results is available for download

The xEV Country Share Tracker with global September results is available for download. It covers 95 % of the world light vehicle sales in 55 countries and 99 % of the global sales of EVs and Hybrids. Plug-ins (BEV & PHEV) reached 15,7 % of September light vehicle sales in these 55 markets, which was 3,5 %-pts higher than a year ago. BEVs reached 11,8 %. Strong Hybrids and Mild Hybrids reached 11 % compared to 11,2 % in September 2021. While China total auto sales increased by 26 % in September y/y, outside China, total auto sales increased by +14 % combined. However, the recovery is uneven and compares to a weak September of 2021. The war in Ukraine weights heavy on the European economies. Global BEV sales increased by +52 %, PHEVs by +53 %, FHEVs (Full Hybrids) by +20 % and MHEVs (Mild Hybrids) by +12 %. Global sales of ICE-only vehicles increased by +13 % in September y/y, with higher sales in all regions except Europe.

The xEV Country Share Tracker with global August results is available for download

The xEV Country Share Tracker with global August results is available for download. It covers 95 % of the world light vehicle sales in 55 countries and 99 % of the global sales of EVs and Hybrids. Plug-ins (BEV & PHEV) reached 14,4 % of August light vehicle sales in these 55 markets, which was 4,3 %-pts higher than a year ago. Strong Hybrids and Mild Hybrids reached 9,8 % compared to 10,4 % in August 2021. While China total auto sales increased by 32 % in August y/y, outside China, total auto sales increased by +3 % combined. However, the recovery is uneven and compares to a weak August of 2021. Global BEV sales increased by +67 %, PHEVs by +46 %, FHEVs (Full Hybrids) by +9 % and MHEVs (Mild Hybrids) by +3 %. Global sales of ICE-only vehicles increased by +8 % in August y/y driven by the strong result for overall car sales in China.

We have corrected an error in the XEV Country Share Tracker

We have corrected an error in the XEV Country Share Tracker where the total XEV Share was not including HEVs, due to the field name change to FHEV. We apologize for any additional work this has caused at your and send big thanks to those who spotted this!

The xEV Country Share Tracker with global July results is available for download

It covers 95 % of the world light vehicle sales in 55 countries and 99 % of the global sales of EVs and Hybrids. Plug-ins (BEV & PHEV) reached 12,9 % of July light vehicle sales in these 55 markets, which was 4,6 %-pts higher than a year ago. Hybrids and Mild Hybrids reached 10,2 % compared to 10,7 % in July 2021. While China total auto sales increased by 31 % in July y/y, the other regions lost -8 % combined in the 55 markets we are tracking. Global BEV sales increased by +75 %, PHEVs by +36 %, FHEVs (Full Hybrids) by +11 % and MHEVs (Mild Hybrids) declined by -1 %. Global sales of ICE-only vehicles declined by only -1 % in July y/y driven by the strong result for overall car sales in China.