Models: Tesla Model 3 Tsunami (Global edition)
Registrations grew 53% YoY in March, to over 224.000 units, pulling the year to date count to half a million (+58% YoY), with Chinese plugins representing 50% of all deliveries, with March PEV share hitting 2,8%, allowing the 2019 number to cross North of the 2% mark.
BEVs grew faster than the plugin average, at +77% YoY, allowing them to gain share (+4%) over PHEVs, with all-electrics scoring 74% of the market last month.
If the headlining news in March was the record-breaking performance of the Tesla Model 3 (over 33.000 units!), allowing the Tesla midsizer to already double the deliveries of the runner-up BYD Yuan EV, below it, we see a number of interesting moves:
- The BAIC EU-Series scored a record performance, with over 13.000 deliveries, allowing it to jump 7 spots, to 4th, with the sedan now being the maker bread and butter model;
- Another Chinese sedan jumping positions is the BYD e5, up 4 spots to #6, while two BMW hit record numbers, with the i3 hot hatch registering 4.038 units last month (who said the Model 3 would eat the BMW i3 lunch?...) and climbing one place to #11, while the 530e sedan scored 4.564 units, jumping 5 positions to #15;
- The Hyundai Kona continues to climb the ranking, now at #12, and should rise even further as the year (and battery supply) develops;
Elsewhere, the evergreen Mitsubishi Outlander PHEV scored its best result since 2015, with 5.725 registrations, an admirable success story for the Japanese brand, especially considering the current headwinds that PHEVs are experiencing.
Finally, a mention to two re-entries, after a horrible start of the year, the Toyota Prius PHEV returned to the company of the Best Sellers, while the recent Great Wall Ora R1 EV also joined the Top 20, at #18, thanks to a record 4.002 units, and with its larger sibling Ora iQ5 EV crossover at #21, both Ora nameplates are set to become regular Top 20 faces.
Manufacturers: Tesla edges closer to BYD
March saw Tesla come closer to the leader BYD, thanks to a near-record 38.000 deliveries, but BYD was also in warp speed (29.000 units), so we should see an entertaining Q2 '19 race between these two plugin giants.
Leaving the fast and furious league, to see the race for the 3rd spot, SAIC is still ahead of the competition, but saw them getting closer, particularly BAIC, that after a horror-movie start of the year, is back with a vengeance, jumping 7 spots to 4th, willing to steal the Bronze medal from its Shanghai rival.
Looking elsewhere, two manufacturers had record performances, with Great Wall jumping to #10, thanks to 7.141 units, mostly thanks to its Ora EV sub-brand, as the WEY plugins haven't really set the market on fire…
Kia had also a record 5.247 units, with both Niro's (BEV and PHEV) pulling the Korean ship upwards.
At the bottom of the ranking, Renault climbed one spot, to #14, with the Chinese JAC and Hawtai also climbing positions, to #15 and #17, respectively.
Would it make sense to have the numbers for BEV only? Seems to me PHEV is becoming less relevant over time.. Keep up the good work!ReplyDelete
Still relevant though... and will have another boom next year when European manufacturers (and others that want to sell cars in Europe) will need to comply with emission regulations.Delete
We have a long way to go and this is a Marathon where PHEVs will be important for a while more. And when PHEVs are no longer relevant the numbers will automatically reflect that. ;)
I would back that. Wasn't a fan of including PHEVs from the very beginning, since they distort the overall picture. And since BEVs are now progressing into the 80% share, hybrids are becoming irrelevant.Delete
At least we should exclude hybrids below 150km of range or something like that.
Well my friend.Delete
The days of PHEVs with 15 km range is gone, now a days most models have 50 km and some of them are even hitting 100 km.
After all for some people who drive long distance frequently, a PHEV that can be refuelled is a must.
And only Tesla offers supercharging stations while others just dont want to offer.
I think tracking PHEVs has value -- I just wish they were in a separate table...Delete
I have said over these 7 years the reasons for including PHEVs and BEVs in the same table, so i won't go back to that, but for those saying PHEVs are irrelevant, i would remind them that if they were, there wouldn't be any PHEV on the Top 20 and this would be a 100% BEV ranking.
Just imagine if these Chinese EV models would have been available in Europe and the US. The list would have looked very different.ReplyDelete
To add to my comment:Delete
If the BYD Yuan EV would also have been available in Europe and in the US, then BYD would have sold an annual global total units of more than 300,000 in 2019.
Only if they produced it globally. If they just exported it from China, the added costs would make it about as expensive as Nissan etc., while probably not matching quality...Delete
Thing is, where would they find the production scale for that? BYD has already dozens of thousand customers waiting for their orders, now imagine if they expanded sales worlwide…Delete
But that day shouldn't be that far away, give them an extra 2 years...
Aren't they likely to be left with significant over-capacity once the drastic subsidies reduction hits in late June?...Delete
Still, I don't think they will find many buyers overseas from Chinese production...
En el gráfico hay que poner marzo, no febReplyDelete
Charts are labelled "Feb."ReplyDelete
José, on both lists you still have Februar, should it not be March ;-)ReplyDelete
and thank you for your work!!
Hi there, sorry for the "Feb" title, it is obviously "March". Will be more careful next time.Delete
Toyota sold 2,000 non-Prius EVs in March? What models are these?...ReplyDelete
Toyota Corolla PHEV in China.Delete
Shouldn't BYD be in bold blue now with a majority of long range BEVs being sold?ReplyDelete
Is that what it means? So does the light blue mean a majority of their sales are PEVs? But Renault definitely don't sell a majority of BEVs..hmmDelete
Bold = long(er) range.Delete
Very nice to see so many plugins being sold especially with BEVs at 74%. Great job Tesla for selling so many Model-3 to gain a big lead over #2.ReplyDelete
With higher range EVs becoming common, we can expect more people to drive their BEVs for longer distance.
225,000 mark is achieved in 3rd month itself, so we can expect the annual tally to cross 3 million mark.
Great work as usual. Thanks.ReplyDelete
José, thanks for another quarter of insights into the worldwide electric vehicle markets.ReplyDelete
One observation, is this the first time that the Tesla Model S drops outside the top 20 for a quarter?
I believe it is.Delete
When do you expect to begin posting the April 2019 sales data for each country?ReplyDelete
As soon as he gets around to it I guess?Delete
Some countries publish official registration data in real time -- so it's "just" a matter of tabulating the data and writing up an article... Historically, it doesn't take long :-)
Jose - when do you expect to post April 2019 sales for each individual country?ReplyDelete
2019-01 2019-02 2019-03ReplyDelete
USA 16715 16863 27585
Europe 33431 32671 59741
China 99299 52805 118107
RotW 4250 9202 18902
Total 153695 111541 224335
Jose, I have put your numbers and the Insideevs USA numbers in this table. Rest of the World is the difference between the three big markets and what you publish as world totals.
Can you publish a rest of the world by country (top5 + others).
I think it is mainly Japan, South-Korea, Canada, ??, ??, ??.
Will do. Coming in less than 24 hours.Delete
Typo: Table heading says "Feb" when it actually contains March numbers.ReplyDelete