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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. The requirement has been extended through 2025; however, the mandated sales levels are not likely to be met, Navigant notes.

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Pike Research updates xEV forecasts; projects Ford to lead US PEV market, followed by GM

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Pike Research has published an update to its earlier forecasts on xEVs: hybrid (HEVs); plug-in hybrid (PHEVs); and battery electric vehicles (BEVs). As a result of new assumptions, Pike Research has slightly reduced its forecasts for plug-in vehicles (PEVs: PHEVs and BEVs combined) from past forecasts. million in 2020, or 2.1%

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IHS Automotive forecasts global production of plug-in vehicles to rise by 67% this year

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Global electric vehicle production forecast for 2014. In December 2013, IHS projected total global automotive sales in 2014 of 85 million, roughly resulting in an expected approximate 0.5% At the same time, European automakers are introducing compelling new EV models, such as the BMW i3. Source: IHS Automotive. Click to enlarge.

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Tesla Model Y also leads the German EV market

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Despite this, in volume terms, BEVs saw decent YoY growth, slightly ahead of the overall market, growing sales 28% to 44,125 units. PHEVs — which lost the entire Umweltbonus incentive from January 1st — saw sales hit harder, thus the almost halving of share YoY. Their volume was down some 38% YoY, to 16,776 units.

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Tesla Model Y strengthens its position in Sweden

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of all passenger auto sales! Outlook Sweden’s auto industry organization, Mobility Sweden , has recently downgraded its overall auto sales forecast for 2023, from 290,000 down to 265,000 units. Overall auto market volume was 30,261 units, up some 5% YoY, though still below historical seasonal norms. comprised 41.6%

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June 2023 – Tesla Model Y was the best selling car in Sweden

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The BMW i4 saw its highest volume yet (458 units), and climbed to 7th. economic growth, 20% youth unemployment, over 5% YoY retail sales drop , and almost 10% overall price inflation (and 14% food price inflation). Second place went to the Volkswagen ID.4, 4, and the Kia EV6 took third. The Swedish economy is experiencing just 0.6%

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EVs dominated the UK car market in December

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share of new sales in December, a new record, up from 33.2% In terms of volumes , December saw BEVs grow 1.53x from a year ago, to 42,284 sales. PHEV volumes were essentially flat year on year, with 8,367 sales. This comes against a background of overall auto sales down by 2.0% of the UK’s BEV sales in 2022).

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