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Navigant Research forecasts plug-ins will be 2.4% of global new vehicle sales by 2023; luxury brands to represent about 50% of that

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Navigant Research forecasts that plug-in EVs (which include plug-in hybrids and battery EVs), will represent 2.4% Navigant expects sales of plug-in EVs from luxury manufacturers, such as Tesla, Mercedes, Audi, and BMW to grow strongly through 2018 before leveling off at around 50% of the plug-in EV market. million units.

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Navigant Research forecasts new EV global sales of > 346,000 units in 2014; 10 predictions for the year

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Broadly, Navigant expects expansion in both the higher end of the market (thereby putting competitive pressure on Tesla Motors), as Audi, BMW, Cadillac, Mercedes, Saab, and Volvo introduce their first plug-in cars. in North America between 2014 and 2022, according to data from Navigant Research’s Electric Vehicle Market Forecasts report.

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Electric car sales remain low in the UK

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plugin hybrids (PHEVs). The good news is that flatness or decline is mostly due to falling PHEV sales (stemming from incentive cuts), whilst the performance of BEVs has been more resilient. They were closely followed by group sibling brand, Audi, with BMW taking the third position. January’s combined plugin share of 20.0%

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Tesla Model Y wins UK bestseller spot in March

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BEVs saw fractional market share growth YoY, and a new volume record, whilst PHEVs saw a slight decline. plugin hybrids (PHEVs). PHEVs slackened, with just 11.8% Audi rounded out the top three spots. The remaining ranks are more closely distributed, with MG and Audi in 2nd and 3rd spots. year on year. comprised 16.2%

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Domestic Tesla Model Y dominated the German EV market in January

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PHEVs on the other hand saw a more dramatic complete incentive cut. This means that a consumer buying a PHEV before the end of December was saving around €4000, compared to buying in January. As a result, the PHEV category in January saw their lowest market share since June 2020, and unit volumes just 12.7%

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Tesla Model Y continues to lead auto sales in Norway

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Plugless hybrids (HEVs) did better than PHEVs, growing their share from a year ago (6.1% Outlook Norway’s economy is escaping some of the worst of the fate of other European neighbours. According to a recent forecast from the country’s central bank, Norges Bank , the economy is on track for modest 1.1% comprised 86.8%

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April 2023 – Good month for Volkswagen in the UK

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plugin hybrids (PHEVs). YoY overall market growth, BEVs grew volume 59% to 20,522 units, and PHEVs grew 33%, to 8,595 units. Outlook The UK auto industry body, the SMMT , note that the annual growth in auto sales is one of the bright spots in an otherwise gloomy UK economy. April’s combined plugin result of 21.9%

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