Slovakia May 2020 (Draft)

Local heroes lead hot market

Despite the pandemic and the dog days of the local automotive marke (-38% YoY), the PEV market in Slovakia is on fire, with sales up 190% this year, with the PEV share in May reaching 1.6%, in line with the 2020 PEV share. 

And don't think this is thanks to tax dodging PHEVs, as 62% of all plug-ins sold this year were BEVs...With all-electrics growing faster (+245%) than plugin hybrids. This is a market that not only is growing fast, but it is doing so with a BEV prevalence. Keep up the good work, Slovakia!

Essential to this brilliant result are the locally made Skoda Citigo EV and VW e-Up, respectively #1 and #2 in the table, with the German-badged version scoring a record 24 registrations last month. Both counted together, they make 28% of the total plugin market.

Looking elsewhere, the Skoda Superb PHEV is #3, with 52 registrations, while the #4 Renault Zoe is far behind the podium bearers, with just 21 units registered.

Outside the Top 5, a mention to the rising Hyunda Kona EV, #6 with 19 registrations, 3 of them last month, while the Porsche Taycan is also popular, already registering 11 units this year, 4 of them in May. 

In the manufacturers ranking, Skoda (27%) is leading with a sizeable margin, with Volkswagen in Second (14%) and BMW (9%) in 3rd, while Hyundai and Porsche(!), both with 7% share, are looking to close in on the Bavarian maker.