Wednesday, July 24, 2019

Italy June 2019

Resultado de imagem para Renault Zoe Italy

Tesla and Zoe shine in hot market

The recent incentives approval has put the Italian PEV market finally on the move, with sales growing 74% YoY in 2019 (0,7% PEV share), while June saw the plugin market hit 1,1%, helped by a regressing (-4%) overall market. 

Will plug-ins finally cross the 1% threshold? 

Well, it has been a long time coming, but it seems Italy will finally end this year above the all-important 1% mark, and with FIAT launching a new 500e in its home market, 2020 will surely see exponential growth on top of this.

But back at June 2019, looking at the best selling models, the Renault Zoe is the surprise leader, with the French hatchback taking full profit of the new incentives to jump into #1.

The hot Tesla Model 3 was up to #2, with a record 372 units, climbing another step.

The remaining Tesla models also had record months in June, with the Model S delivering 55 units, allowing it to jump 4 spots, to #13, while the Model X was up to #15, thanks to a record 44 units.

In increasingly BEV-friendly market (BEVs in June represented 79% of sales, against 67% in the total of 2019), the Hyundai Kona EV is jumping positions, with the Korean crossover jumping two positions in June, to #9, thanks to 98 registrations.

quirk of this market is the popularity of the Smart nameplates, with the Fortwo in #4, while the Forfour is #8, with the latter climbing one position last month. The Van-with-Windows Nissan e-Evalia  is also a surprising presence, in #18.  

Renault (18%) is leading the makers ranking, but Tesla (17%) is right behind, while Smart is 3rd, with 13% share, its highest standing anywhere, ahead of the #4 Mini (12%). 


  1. AnonymousJuly 24, 2019

    Not only PEV sales surged, but also carmaker's ranking compared to the first quarter changed too, with the Renault-Nissan-Mitsubishi Alliance advancing from third to first, BMW Group dropping to second, Tesla dropping one spot too and Daimler overtaking Jaguar Land Rover.
    Italy is one of a very few European countries were the Mitsubishi Outlander PHEV isn't selling much.

    From the posted data, Q22019 standings are:

    1st Renault-Nissan-Mitsubishi Alliance with 1868 vehicles
    2nd BMW Group with 1497 vehicles
    3rd Tesla with 1225 vehicles
    4th Daimler with 974 vehicles
    5th Jaguar Land Rover with 392 vehicles

  2. It's crazy how much sales increased in Q2 over Q1, with almost 2 1/2 times as many PEVs registered. That increase seems to be carried pretty much entirely by BEVs, meaning the growth in that category is even larger.

    The biggest winner by far is the Zoe, with an almost 10x increase. Curiously missing out entirely on this boom are I-Pace and e-tron...

    1. Tesla M3 is believed to be "production"(not-demand) limited in EU market. Isnt situation the same for I-Pace and E-tron?

      I suppose that production for both is pretty limited: I-Pace is made on outsource factory in Austria, E-tron is a very new model, both are likely battery limited also...

    2. I know the i-Pace has limited production, don't know about the e-Tron, though...

    3. There were reports of e-tron production being way below plan not long ago. Not sure whether they fixed that already? (Batteries were rumoured to be among the reasons -- as usual...)

      Haven't heard about I-Pace production issues in a while.

    4. e-Tron is supposed to be running smoothly now, with the only limit being battery availability.

      As for the i-Pace, it is a different issue, the problem is not batteries, but the contracted production with the supplier (Magna), with Jaguar being limited by the lack of ambition when doing the contract.

  3. Just to keep up with people who've been accusing me of FUD, I trade TSLA both ways and Tesla sported a 408m net loss in Q2, about half of their Q1 losses. It was to be expected given rapid price drops and Tesla's use of leases. I will eagerly long TSLA if I see TSLA as preparing to pop.

    1. Leases affect cash flow, not profitability. Profitability is in fact usually better -- just realised over several years, instead of immediately. But leases were only a tiny fraction of deliveries in Q2 anyway.

      And quite frankly, that's rather off-topic here... This site is about deliveries, not about profits.