"6 March: The final global January results for BEVs, PHEVs and FCEVs are uploaded to the Data Center tool. The global total for January was 330 000 units, incl 650 FCEVs, +112 % higher than for January 2020. The file also includes the first results for February in USA +124 %, Norway +22 %, Sweden +48 %, Netherlands -16 %, Belgium +94 %, Spain +11 % and Switzerland +67 %. The German KBA has released the February BEV passenger car totals (18300, +124 %) and PHEVs (21900, +162 %) with detailed model sales becoming available next week. The total German car market was -19 % below last year. The February totals in UK were up +40 % for BEVs and +52 % for PHEVs in a total car market that was -35,5 % lower than Feb 2020. EV sales stay resilient to yet another downturn in car markets amid corona lock-downs. The numbers are also available in Excel in the list of databases."
250,000 for February would be a good result. That's what my feeling tells me. I haven't added up all the numbers. But I think it will be in that region, mainly because China is down from January due to Chinese new year. I hope the economies will open up over the year and the real party for EVs should begin, with many new launches of volume models.
ORE Price at posting:
$4.25 Sentiment: Buy Disclosure: Held
