April saw plugin EVs take a 56.9% share in Sweden, up modestly YoY from 55.7%. BEVs share fell slightly YoY, while PHEV share climbed.
April saw plugin EVs take a 56.9% share in Sweden, up modestly YoY from 55.7%. The BEV share fell slightly YoY, while PHEV share climbed higher. Overall auto volume was 21,977 units, up some 7% YoY. The new Volvo EX30 was March’s bestselling BEV, its first time in the top spot.April’s result saw plugin EVs take 56.9% share in Sweden, with full battery-electrics at 30.9%, and plugin hybrids at 26.0%.
Was this a shipping anomaly that just affected April 2024? Hardly — their combined passenger BEV sales over the last 3 months have amounted to an almost equally dismal 33 units, from 958 units over the same period of 2023. Most other brands and manufacturing groups have seen YoY BEV sales shrinking more modestly, in line with the average 15.3% drop in BEVs year to date, suggesting that the more general pressures are at play — the consumer economy squeeze, and incentive-cuts. Tesla volumes are almost unchanged YoY.
In second place, the long term favorite Tesla Model Y sold 625 units. The Volvo XC40 rounded out the top 3, with 536 units. The Polestar 4 is priced from SEK 700,000 , which is substantially more than the entry Tesla Model Y . Vehicles at these price points have already mostly transitioned to BEV, so this isn’t going to move the needle on the rate of EV transition in Sweden.
There were also some initial registrations for the Smart #1 and Smart #3, although at just 7 units each, these may still be dealer samples for now. We will look at these again when they step up to higher volumes.
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