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April electric car sales in Europe grow at slowest rate for 18-months, but imminent start of German E-Car subsidies offers glimmer of hope
AID’s exclusively compiled figures reveal that sales of electric cars - excluding PHEVs - in Western Europe in April rose 9.9 per cent to 7,300 units compared with 6,644 during the same month last year.
That’s the slowest monthly rate of growth since November 2014.
That’s the good news.
The bad news for the electric car industry is that in terms of market share there has been next to no progress.
This April, compared with the same month last year, West Europe’s electric car sales share remained stuck at a tiny 0.6 per cent, according to AID’s own
data.
European demand for electric cars, a segment best typified by this year’s sector-dominating Nissan Leaf, has slowed down to walking pace, continuing a steady slowdown evident since the beginning of this year.
But for the industry, April’s distinct slowdown to a single-digit rate of growth isn’t quite as bad as it seems.
April’s slowdown was by no means unexpected, and the reasons are easily
spotted...more
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