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Europe’s electric car market is faring a great deal worse than hoped only a year ago. Despite generous ongoing purchase and user incentives, a steady rise in electric car choice, a gradual uplift in real-life driving range and continuing electric car infrastructure improvements, European consumers’ appetite for today’s electric cars (BEVs) still remains a great deal weaker than the industry had hoped. That’s the stark message from
AID’s exclusively compiled October electric car registration figures for the whole of Western Europe
Electric car sales in Western Europe dropped for the 5th time in the past six months in October posting a near 17 per cent drop from the same month last year.
The market’s continuing sluggishness in a year which for instance was supposed to see strengthening demand in Germany, thanks to the newly introduced €4,000 electric car subsidy, has prompted concerns in some quarters that this year’s electric car sales growth in Europe may not achieve the optimistic higher levels forecast at the beginning of the year.
Already ten months through the current year - illustrating the electric car industry’s current predicament -
latest AID figures reveal that the sales share going to BEVs – excluding plug-in hybrids (PHEVs) – has remained pretty much unchanged.
That’s 0.64 per cent of the region’s recovering new car market.
Those looking for it will detect more pain in AID’s latest numbers.
The latest state of play shows a double-digit fall in October’s regional BEV sales, cutting October’s West Europe’s BEV sales share to less than last year’s same month level.
Aside from hard hitting facts pointing to excruciatingly sluggish...more
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