After last year's drastic decline caused by the pandemic, this year we are witnessing great changes in the European market. First of all, we mean that the eternal European bestseller VW Golf is now only in third place. In front of it are, no less you niches, than two models from Peugeot.
As reported by JATO Dynamics, in a market that is down 20%, there has been a sharp rise in the popularity of electrified cars. During February, 115,000 electric vehicles (EV) and plug-in hybrids (PHEV) were sold, which is a share of an excellent 13.6%, reports Index. Recall, a year earlier, in the run-up to the pandemic, the share of electrified vehicles was only 6.5%.
Several companies are above the industry average, including Hyundai (16%), BMW (24%), Daimler (27%), Jaguar Land Rover (31%) and Geely (45%). Of course, Tesla Motors is at the top with a 100% share of electrified vehicles in sales. It can be seen from the report that Jaguar Land Rover came the furthest from the traditional brands in the electrification of the range.
The best-selling electric model in Europe is the Tesla Model 3, with 5,400 units sold and a 55% share. Second is VW ID.3 with 3,557 registrations, and third is Renault Zoe with only 10 copies less, but also a drop of 45%.
In the PHEV segment, ie plug-in hybrid vehicles, the most popular is the Volvo XC40 with 3,479 units sold, but also with a growth of an incredible 323%. They are followed by the hybrid Peugeot 3008 and Renault Captur with about a thousand copies less. The only market in Europe where electrified vehicles are more popular than traditional ones is Norway. Believe it or not, their share is as high as 79%.
At Peugeot, they are certainly pleased because the best-selling car in Europe is the Peugeot 208 with over 18,000 units sold. It is followed by the 2008 Peugeot crossover, with 17,120 sold, and only in third place is the VW Golf with 16,185 units sold and a drop of 34%.
Take a look at the table and who else was on the Top 10 list for February in Europe.
Segment sales overview - SUV models are still the most sought after.