|Boatloads of Model 3 were delivered last month|
Models: Tesla and the Chinese shine
After a glimmer of hope in February, registrations went back to red in March, dropping 15% YoY, to some 192.000 units, while the YTD numbers are now down 6% regarding the same period last year, with 460.000 registrations.
Of course, these numbers will no doubt look good, compared to what we will see in the next couple of months, as the current Covid pandemic is sure to drag sales down to a hole, but for now, things aren't that bad, with the March PEV share at 2,5%, pulling the 2020 plugin share to 2%.
BEVs grew faster than the plugin average, allowing them to have 74% of the market (67% YTD), getting in line with the 74% share of last year.
With the Chinese EV market recovering in March, the highest standing Chinese EV is now the BYD Qin Pro EV, that joined the table in #10, thanks to a record 5.271 units, with its arch-rival BAIC EU-Series also re-joining the Top 20, in #14, while the export-friendly MG eZS EV jumped to #11, and expect other models to join in the next couple of months, although it might not reach the numbers we had by this time last year, when we had 10 Chinese EVs in the Top 20...
In other news, the leader Tesla Model 3 extended its lead, thanks to a near-record 48.788 units, while the unbreakable Mitsubishi Outlander PHEV climbed one position, to #4, thanks to 4.410 units, its best score in 6 months, extending its lead in the plugin hybrid category.
Other models on the rise are the Audi e-Tron jumping to #6, thanks to a year best 4.377 units performance, stealing the Best Selling Luxury plugin title from the BMW 530e/Le, while the Tesla Model X returned to the table, in #16.
But the most highly expected Tesla vehicle right now is the Model Y, that landed last month, and with some 5.000 units right on its first month, we can confirm that slow ramp ups are now a thing of Tesla's past.
As for the remaining ranking, 3 of the 6 PHEVs in this Top 20 are in the last places of the table, so with the imminent rise of several Chinese EVs to the Top 20, we could witness soon just 3 plugin hybrids in the table.
Outside the Top 20, a mention for the surprising Mini Cooper EV, that registered 1.440 units in its first full sales month, a positive start for the electric hot hatch.
Manufacturers: Tesla and the Chinese shine
March saw Tesla secure the leadership gor good, winning a 50.000 units lead over the runner-up BMW, growing 40% YoY so far this year.
Others also grew significantly this quarter, like Volvo (+49%), or Renault (+82%), while the the Volkswagen Group (VAG) continues to recover the years lost, with the #3 Volkswagen growing 59% YoY, while Audi's rise and rise continues, having jumped 3 spots last month, to #8, thanks to 7.246 units, it's best score so far, with VAG keeping 4 brands(!) in the Top 20, besides the #3 Volkswagen, we have Audi in #11, Porsche in #18 and in #19 we have Skoda...
But the real news are the Chinese brands recovery, with BYD, #2 in March, shooting 8 spots to 4th, SAIC was up to #6, while BAIC jumped to #15, and while these positions are still far from their standings a year ago (BYD was #1, SAIC was #3 and BAIC #4), the next couple of months should witness a continue improvement, so much so that BYD could reach the runner-up spot by May, while SAIC could be #4 and BAIC #6 around that time.
Elsewhere, Hyundai climbed to #7, while outside the Top 20, the Mini brand profited from the Mini Cooper EV sales to climb a few positions, being now less than 500 units (5.592 units in total) from the Top 20.