Global Plug-in Sales for 2016 H1 [IMG] Worldwide plug-in vehicle...

Global Plug-in Sales for 2016 H1


Worldwide plug-in vehicle sales including June were 312 000, 49 % higher than for the same period in 2015. These include all global BEV and PHEV passenger cars sales and light commercial vehicle in Europe.
The total vehicle market is up by 5 % in the first half year to 35 million cars and 12 million trucks. Plug-in vehicle sales grow 10 times faster than the overall market, but still capture a world market share of below 1 %.
China is the main driver of high growth in Plug-ins and China is increasing its significance as a market and as manufacturing base for “New Energy Vehicles”, the Chinese term for electrically chargeable vehicles. With current regional growth rates, China will stand for 50 % of plug-in sales by the end of the year.

China sets the pace
China is the growth motor for plug-in sales. “New Energy Vehicle” volume for passenger cars more than doubled in the first quarter and growth accelerated to 140 % for Q2. 128 % growth for H1 is much more than in any other region, but the days of 2- or 3-fold sales increases seen in 2014-2015 are probably over.
The US has recovered from the weak development during 2015 (-4 %), posts +19 % for the first quarter and +18 % for Q2. June and July were particularly strong with 50 % more sales than in 2015, Tesla, GM and Ford being the main source of the increase.
Europe struggles to continue on the 99 % growth rate of last year. Many markets develop strong, but the incentive changes for PHEV in the Netherlands and EVs in Denmark darken the overall picture. Growth was 31 % in Q2, but only 13 % in Q2.



See the full article @
http://electriccarsreport.com/2016/08/global-plug-sales-2016-h1/