Germany, Europe's largest auto market and the world's 5th largest, saw plugin electric vehicle share hit a record of 35.7% in December, up from 26.6% year-on-year. Full battery electrics took 21.3% of the market.
There aren’t too many other surprises in the top 20, but it’s interesting that theFor folks wondering, theis also just outside the Q4 top 20… at #21. That will surely change in 2022 as soon as the Berlin Gigafactory gets rolling.
In terms of Q4 manufacturing groups, the Volkswagen Group was very dominant, over 50% ahead of its nearest rival, Renault-Nissan. Here’s the chart:2021 was a banner year for the electro-mobility transition in Germany, with Q4 pulling the country above one-third plugin share, and helping to rapidly push Europe to new highs. To have been able to continue the remarkable growth trend set by 2020 was great to see.
However, I don’t see European manufacturers as holding back their transition to making more BEVs , as these are obviously the only growth area in a highly pressured industry. The constraint, if any, will be battery supply. Temporarily shifting the balance between BEVs and PHEVs can make tight battery supply go a bit further, if necessary.
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