06 Feb '17, 5pm

Global Plug-in Vehicle Sales for 2016

Global Plug-in Vehicle Sales for 2016

Worldwide plug-in vehicle sales in 2016 were 773,600 units, 42 % higher than for 2015. These include all global BEV and PHEV passenger cars sales, light trucks in USA/Canada and light commercial vehicle in Europe. The total light vehicle market was up by 2 % to 90 million units. Plug-in vehicle sales grew 20 times faster than the overall market, but still captured a world market share of just 0.86 %. By the end of December the number of Plug-ins on the road passed the 2 million mark, 61 % of them are pure EVs and 39 % plug-in hybrids. December also had the highest ever recorded monthly sales number, with 102 500 units in the 60 markets. Growth rates weakened in Q4, partly because they compare to artificially inflated 2015-Q4 sales. The 2nd reason is weakening growth for China in H2, amid lower purchase subsidies for 2017. China has increasing its significance as a market a...

Full article: http://electriccarsreport.com/2017/02/global-plug-vehicle...

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