European car sales down by 27% into October 2020, but electrified vehicles gain, courtesy of mild-hybrids

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As a result of the global Covid-19 pandemic, European automobile registrations to October have dropped from 27 percent to 9.7 million units when compared with the same period this past year, and October’s 1.13 million units is a 7% fall from the 1.21 million units listed in October 2019, according to statistics published by analytics outfit Jato Dynamics.

Despite the downward trend, sales of vehicles have gained grip, as revealed by a month’s sales. In October 2019, electrified vehicles – which include pure electrics (BEV), plug hybrids (PHEV) and hybrids – accounted for 10% of total sales, tailing behind petrol (26 percent ) and petrol (57 percent ) versions.

Last month, EVs managed to procure 27 percent of the market share, and while petrol vehicle sales nevertheless lead at 44 percent, electric now has the advantage over diesel (26 percent ). October was also the second month in a row which saw electrified vehicles outsell diesel vehicles, suggesting the switchover could be irreversible.

Of course, some view is essential. Even though EVs saw a 153% increase in sales when compared with the same period this past year, a lot of it was because of mild-hybrids, which really isn’t all that electric in the final analysis. That segment, led by strong performances from the likes of the Fiat 500 Mild Hybrid and Ford Puma, accounted for 32 percent of EV sales for each month. Last year, it had been at 16%.

All-electric car sales went up from 21% to 25 percent in the segment, similarly plug hybrids, from 21% to 24 percent. This comes at the expense of pure hybrid sales, which dropped from 42% last October to 19% a month.

Concerning pure electric offerings, the Volkswagen ID 3 has been the best-selling fully electric vehicle in Europe last month, together with 10,475 units marketed, even though it is worth noting that more than half of its registrations were from business and fleet sales. Further circumstance comes from the simple fact that non-electric variations of this automobile sold to the tune of 17,000 and units in the same month.

In any circumstance, the German automobile usurped the Tesla Model 3 from the top EV sales place in the region each month, partially as a result of timing of this American EV carmaker’s deliveries which are due to arrive in November, falling out about the October tally.

The second best-selling fully electric vehicle for October 2020 has been the Renault Zoe using 9,778 units sold, followed with the Hyundai Kona Electric in third using 5,261 components sold. Toyota gathered the top spots in the hybrid class for the region together with the Yaris along with Corolla, while the Mercedes-Benz A 250 e has been the best-selling plug-in hybrid in Europe for October.

Concerning internal combustion-engined vehicles, the Opel Corsa sold 21,220 units in October, making it the third-best-selling automobile in Europe for its month and year to date, which is also 59% more than the total attained in October this past year, according to Autocar. Other strong performers included the Renault Clio, Fiat Panda, Peugeot 2008 along with Volvo XC40, according to the report.

The article European car sales down by 27 percent to October 2020, however vehicles profit, courtesy of mild-hybrids appeared first on Paul Tan's Automotive News.

Article Source and Credit paultan.org https://paultan.org/2020/11/27/electrified-vehicle-sales-gain-153-in-europe-for-october-volkswagen-id-3-top-ev-with-10475-units/ Buy Tickets for every event – Sports, Concerts, Festivals and more buytickets.com

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