Tuesday, January 23, 2018

Finland December 2017

Image result for mercedes GLC350e vs Volvo XC60 PHEV
"Move over GLC, Finland will mine!...Muahaha!..." - Seems to say the XC60 PHEV...


Mercedes GLC350e was #1, but Volvo XC60 is coming to steal it in '18


Finland has become one of my favorite markets to report, because news are always good, and December was no exception, with 309 PEV's registered, up 107% regarding the same month last year, with the PEV Share ending 2017 at a record 2.6%.

The 3.055 units sold in 2017 represent a 113% YoY progression this year is even more impressive, considering the overall stagnating local auto market.

In a traditionally PHEV-friendly market (83% share), BEVs are growing faster (+123%) than plug-in hybrids, which is a good sign for the upcoming long range BEVs, scheduled to arrive next year.  

Looking at the models ranking, the Mercedes GLC350e was the undisputed leader in 2017, with 494 units, a new record and double the units of the runner-up VW Passat GTE, giving Mercedes its first title in this market.

Landing only on the second half of the year, and yet giving it enough time to reach a podium position, the Volvo XC60 PHEV was an instant success, being the Best Seller in the last three months of the year, which could mean the Merc GLC350e will have a hard to time to resist it in 2018...

Underlining Volvo's upwards trend, in December it wasn't only the XC60 PHEV to shine, as the S90 and V90 PHEV twins also impressed, delivering 38 units last month (New pb) and climbing to #9 in the YTD ranking.

In the manufacturers ranking, there was a last minute change, with the 2016 winner BMW (20%) reaching the top in the last month of the year, relegating Mercedes (19%, down 1%) to Second, while Volvo (16%, up 1%) ended in Third

PlFinland
Dec.
 YTD '17
   %
Pl '16
1
2
3
3
Mercedes GLC350e
Volkswagen Passat GTE
Volvo XC60 PHEV
BMW 530e 
38
26
42
20
494
241
211
183
16
8
7
6
15
2
N/A
N/A
5
6
Volvo XC90 T8
Tesla Model S
17
24
166
150
5
5
1
5
7
8
Audi Q7 e-Tron
BMW 330e
4
12
145
130
5
4
9
3
9Volvo S/V90 PHEV381234
N/A
10
11
12
13
14
BMW 225xe Active Tourer
Tesla Model X
Mitsubishi Outlander PHEV
BMW X5 40e
Porsche Panamera PHEV
8
9
2
8
5
115
98
91
77
75
4
3
3
3
3
7
14
6
4
N/A
15Kia Optima PHEV
7
70
2
21
16
17
18
19
20

Toyota Prius PHEV
Nissan Leaf
Renault Zoe
Volkswagen Golf GTE
Hyundai Ioniq Electric
Others
1
1
10
4
1
32
67
66
60
56
55
382
2
2
2
2
2
12

TOTAL3093.055 100


Source: trafi.fi

Thursday, January 18, 2018

China December 2017

Image result for BAIC EC Series
The 2017 Best Selling EV...In the World!

BAIC EC-Series Superstar


The rise and rise of the Chinese PEV market is unstoppable, with yet another record performance in December, with 102,000 new passenger PEVs being registered last month, up 130% YoY, while pulling the YTD count to over 600,000 units, up 71% regarding 2016.

As consequence of this rapid growth, in December the PEV share hit a record 3.3%, while the 2017 PEV market share ended at 2.1%, firmly ahead of last year score (1.5%), and above the USA (1.2%) and Europe (~1.9%).

The Chinese PEV market represented roughly half of the 1.2 million plug-ins sold worldwide in 2017, while Chinese carmakers made 47% of all PEVs sold last year.

Despite exports still being symbolic, the domestic market is more than enough to absorb the current production, helped by the fact that it is a highly protected market, as foreign brands only have 4% of PEV sales. Of this (small) cake, 2% belongs to Tesla, with the remaining 2% being divided by all other auto makers.

In December, small city cars had the upper hand, with the BAIC EC-Series being the poster child of them, selling over 13,000 units, which allowed it to reach #30 in the mainstream automotive ranking in China. Good month also for the BYD plug-in hybrids, with the Song and Qin joining the Top 5 of December.


Here’s December Top 5 Best Selling models individual performance:

Image result for BAIC EC Series
#1 – BAIC EC-Series: After a series of ever improving performances, it looks like EC-Series has found its cruising speed, at over 10,000 units/month, having registered 13,169 units in December. The little city EV is disruptive in China, owing its success to a trendy design, reminding that of a Crossover, improved specs (Now with 200 kms / 125 miles range) and competitive pricing (USD 22,000), all in a booming market segment. With the Chinese AND the Global editions of the 2017 Best Selling PEV Award in BAIC hands, the EC-Series is now looking into 2018, a six-digit performance is likely, how much above 100k is pretty much open to discussion, but I wouldn’t rule out the possibility that this small EV could outsell the Tesla Model 3 and become the 2018 Best Seller…In the World. Again.

Image result for Chery eQ
#2 – Chery eQ: One of the EV pioneers in China, having won the models title three times in a row (2011, ’12, ’13), with the QQ3 EV, Chery is trying to regain relevance with the eQ, which registered a record 5,650 units in December, allowing it to reach the runner-up position last month. A vehicle targeted at city dwellers, for USD 24,000 before incentives, you get a funky city vehicle, with the 22kWh battery providing enough range (200 kms / 125 miles NEDC), to cover the needs of the urban jungle.

 Image result for Wuling E100
#3 – SAIC GM Wuling E100: Shanghai Auto and General Motors have high hopes for their tiny two-seater, and the production ramp up is starting to make an impact on the Chinese plug-in market, having registered a record 5.545 units last month, earning its first podium place. Will it replicate the BAIC EC-Series success? I wouldn’t rule out that possibility, and even export prospects, as it could be marketed as GM’s Smart-like product outside China…For more info on this tiny two seater car, please check here.

Image result for BYD Song DM
#4 – BYD Song PHEV: Build Your Dreams (BYD) current star product, the plug-in hybrid version of its Song compact SUV had 4,643 registrations, its best result in the last 5 months. It seems BYD’s “Model Y” has stabilized around 4,000-5,000 units, which in the future it might not be enough to secure the class Best Selling status, despite its top-of-the-class specs (70 kms / 44 miles range; 0-100 kms/h in 4.9s).

Image result for BYD Qin DM
#5 – BYD Qin PHEV: This is the most common plug-in in China, with some 90,000 units registered to date, thanks to recent changes, BYD’s “Model 3” (0-100 kms/h in 5.9s) got its mojo back and is once again a major player, registering a record 4.543 units in December. With a competitive price (USD 31,000 before incentives), sales are expected to remain high, as long as BYD manages to make enough of them.


Image result for Wuling E100
Wuling E100: A 2018 Best Seller?

  
Year-to-Date Ranking – BAIC EC-Series wins models, BYD manufacturers

The BAIC EC-Series won the Best Seller award in 2017, a first for a BAIC model and the end of a three year rule by BYD (Qin PHEV won in 2014 and ’15, Tang PHEV won in 2016), recording 78,079 units in 2017, a new all-time record.

Second was the Zhidou D2 EV, scoring 43,342 units, with 2017 being by far the most successful year for the tiny two seater, while in Third we have the first BYD, with the Song PHEV ending the year in the last place of the podium, with some 31,000 units, roughly the same numbers that allowed the Tang to win the 2016 title. But with the market growing at 70% growth rates, more was expected from the BYD best sellers….

In a stable market, the big news were the Chery eQ climbing to #4, while the BYD Qin PHEV also rose to Eighth and the BAIC EU-Series climbed to #14, thanks to 3,247 units, a year best.

Two new additions to the Top 20 joined the ranking in December, with the promising Wuling E100 jumping to #17, while the oldtimer BYD e6, no doubt helped by fleet deals, last month had its best score (3,818 units) ever since it landed, 600 years ago in 2010, helping it to reach the Top 20, in...#20.

Looking at the manufacturers ranking, BYD (18%, down 1%) won its fourth title in a row, but the 2017 award was the most difficult of them all, because it watched the runner-up BAIC (17%) approach every passing month, fearing a last minute change in the leadership.

Looking into 2018, BAIC has beaten BYD in the last three months of the year, thanks to the EC-Series success, so if BYD wants to secure a fifth title, it will probably need a small city car to fight the EC-Series. In case they do it, I only ask one thing: A 100 hp-plus motor. The World needs tiny electric hot hatches…

In Third Place we have a last minute change, profiting from an underwhelming Zhidou performance (1,271 units, worst result in 2017), Roewe (7%) climbed to the last place in the podium, with the Shanghai-based manufacturer confirming its status as one of the “Big Four” (The others are BYD, BAIC and  Geely) PEV carmakers in China.


Pl
China
December
2017
%
1
BAIC EC-Series
13169
78079
13
2
Zhidou D2 EV
1187
42342
7
3
BYD Song PHEV
4643
30920
5
4
Chery eQ  
5650
27444
5
5
JAC iEV6S/E
1122
25741
4
6
BYD e5
1146
23601
4
7
Geely Emgrand EV
2764
23324
4
8
BYD Qin PHEV
4543
20738
3
9
SAIC Roewe eRX5 PHEV
2687
19510
3
10
Zotye E200
2488
16751
3
11
JMC E100
1922
15491
3
12
BYD Tang
1505
14592
2
13
Changan Benni EV 
2829
14549
2
14
BAIC EU-Series
3247
13158
2
15
JMC E200
2605
12340
2
16
Hawtai EV160
3521
11823
2
17
SAIC GM Wuling E100
5545
11420
2
18
Zotye Cloud EV
2099
11038
2
19
SAIC Roewe eRX5 BEV
1629
10436
2
20
BYD e6
3818
10023
2
Others
38334
176877

TOTAL
102635
600174

UK December 2017 (Top 5 Draft)



Outlander PHEV Number One (For how long?)

An impressive 47.000 plug-ins were sold in 2017, up 27% YoY, with the PEV Share ending at a record 1.9% share, up from 1.5%, in 2016, and 1.1% in 2015.

This moderate growth should be put in the post-Brexit context, as the mainstream automotive market dropped (- 6%) for the first time since 2011, making this growth even more meritable, while the fuels mix is changing dramatically, as Diesel sales dropped 17% regarding 2016, losing 6% share, to 42%, to the benefit of Petrol cars (53%, +4%) and Alternative Fuels (HEVs + PEVs) which have seen their share grow from 3% in 2016, to the current 5%.

Looking at the models ranking, the Mitsu Outlander PHEV won for the the fourth consecutive time the Best Seller title, but the Japanese SUV domination is being strongly eroded, ending the year with just 15%, well below the 24% share of 2016, and miles away from the 41% it had in 2015.

Still, it was enough to outsell the Second Placed BMW 330e, a model that won its first medal, managing win Silver over the locally-made Nissan Leaf, in urgent need of the new version.

The remaining top positions went to the #4 BMW i3, up one position regarding the previous year, and confirming its warm welcome among private British drivers, while the Mercedes C350e dropped from the podium to the Fifth position.

In the manufacturers ranking, an affirmative BMW (29%) stole the 2017 title from the three times winner Mitsubishi (15% Share), thus winning its first manufacturers trophy in the British market, with Nissan ending in Third, with 12% share.

In 2017, Fuel Cells had their Year Two on the UK market, registering 37 units being registered (Up from the 10 units made in 2016), with the Toyota Mirai registering 33 of them. 

PlUKDec. 2017%Pl. '16
1Mitsubishi Outlander PHEV5756.886151
2BMW 330e 7106.211134
3
4
5

Nissan Leaf
BMW i3
Mercedes C350e
Others
100
350
375
2.316
5.463
3.555
3.540
21.608
11
8
8
44
3
5
2


TOTAL4.42647.263100