Just checked New EV registration for Q1 2019 Europe. The figures for Q1 2018 was 70,000 units:
Q1 (Jan – Mar) new car sales in the whole of Europe were down by 3.2 per cent over the same period a year earlier.
Total EV sales for the first time exceeded 100,000 in one quarter (hitting 125,400). Breaking these figures down further: plug-in electric (BEV & PHEV) sales were up 31% and pure electric (BEV) sales were up 85%.
Quote from article "Given the pent-up demand for EVs (as shown by the long waiting lists at dealers around the world for them), it would appear that the only thing holding EVs back from even greater percentage increases is the current battery supply bottleneck which is limiting the sales of vehicles like the Nissan Leaf, Hyundai EVs Ioniq and Kona"
Now that Westfarmers is in the game, who and when the next one is going to jump in?
AJM Price at posting:
13.0¢ Sentiment: Hold Disclosure: Held
