Urvaksh Karkaria, Automotive News »
BMW, like its German rival Mercedes-Benz, is grappling with the realization that the world’s second-largest auto market remains half-hearted in its embrace of electric vehicles. Despite their proclamations of interest in battery-powered vehicles, few automakers other than Tesla have made much traction in the U.S. market with EVs.
Complicating their calculations, regulatory pressures in Europe and China are creating urgent need for EVs in those markets. Automakers face hefty fines in Europe next year if they fail to cut their fleet CO2 emissions to an average 95 grams per kilometer.
Related » US market launch of Mercedes EQC delayed until at least 2021 due to lack of interest
More » CleanTechnica, TechCrunch, The Verge, MotorAuthority, Engadget, Electrek, Green Car Reports, Electrive, Forbes
While the UK new car market declined by 2.9% in February 2020 to 79,594 new vehicles, the battery electric and plug-in hybrid electric cars grew to 5.8%, market share with 4,566 new EVs joining UK roads.
The industry is urging the UK government to help more drivers go electric with tax incentives. The goal is to boost sales of EVs to a 1 million units over the next five years.
It’s wonderful to see the market for EVs to continue to grow in the U.K.
Society of Motor Manufacturers and Traders
The UK new car market declined -2.9% in February, according to data published today by the Society of Motor Manufacturers and Traders (SMMT). 79,594 models were registered in the month, traditionally one of the year’s quietest ahead of the crucial March number plate change, with the decline driven primarily by weak consumer confidence and uncertainty over what fuel technology to buy. Registrations by private buyers were responsible for the bulk of the overall loss, down some -7.4% as 2,741 fewer people took delivery of new cars. Fleet demand, however, remained stable, up by 31 registrations.
Demand for both diesel and petrol cars fell in the month, with registrations down -27.1% and -7.3% respectively, and diesel now accounting for just over a fifth of sales (21.9%). Hybrids (HEVs) recorded an uplift of 71.9% to 4,154 units, while registrations of zero emission capable cars also continued to enjoy growth, with battery electric vehicles (BEVs) rising more than three-fold to 2,508 units and plug-in hybrids (PHEVs) up 49.9% to 2,058. However, these vehicles still make up just 5.8% of the market; and BEVs only 3.2%, showing the scale of the challenge ahead.
More » InsideEVs
A report by the consulting firm McKinsey & Company states that sales of electric vehicles increased by 44% in Europe in 2019, China increase by 3%, the U.S. will collapse by 12%.
Nicolai Müller, senior partner in McKinsey’s Cologne office believes that while China continues to be the largest market in the world, the demand in Europe is skyrocketing.
With over 110,000 electric cars sold in 2019, Germany is the third largest market worldwide and the largest in Europe, yet this represents only 2.8% of the cars sold in Germany. Meanwhile, EV sales in Norway hold a 45% market share, while sales of EVs in Iceland represent a 22% of new car sales, and the Netherlands are at 13%.
Müller predicts that by 2021, manufacturers will need to bring more than 2 million electric cars to the European Union.
The report also states that German manufacturers will become market leaders for EVs starting in 2021 and that some 600 new models of EVs will be offered by 2024.
More » McKinsey & Company (German), Electrek
The Mercedes-Benz EQC at the Frankfurt auto show in September.
The U.S. is the second largest auto market. The lack of interest in EVs is significant.
Urvaksh Karkaria, Automotive News »
The German luxury automaker will delay the U.S. launch of its first EV, a compact crossover, by at least a year, Mercedes told dealers Friday.
The U.S. debut of the EQC, which starts at $68,895, including shipping, has been pushed back to 2021. It was expected to arrive at U.S. dealerships in the first quarter of next year.
Mercedes blamed the stateside delay on strong demand for the EQC in Europe.
Karin Larsen »
New numbers released by Electric Mobility Canada show that a full 10 per cent of all new passenger vehicles sold in the province fall into the the ZEV category, well above the national average of 3.5 per cent. Quebec is the next closest province at seven per cent.
Al Cormier, founding president of Electric Mobility Canada, said B.C.’s unique combination of incentive programs, policies and legislation around ZEVs has been effective.
“All that has provided incentives and encouragements to buyers of vehicles in B.C., to researchers, to companies. So generally there are great conditions to promote electric vehicle sales and it’s working,” said Cormier.
Read the whole article at CBC »
Zachary Shahan, writing in Clean Technica »
The Tesla Model 3 has taken the U.S. luxury car market by storm. When sales soared through the roof in the second half of 2018, making the Model 3 far and away the best selling luxury car in the country and the best selling car car of any type in terms of revenue, fans were excited for the launch of a new era. Critics, on the other hand, saw it as a temporary boom from early reservation holders that would soon be over, then resulting in a crash in Tesla sales, Tesla financials, and the company as a whole.