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BloombergNEF shares its 2024 Electric Vehicle Outlook

Teslarati

The auto industry continues to shift toward electric vehicles (EVs), and while sales growth has slowed somewhat this year at many companies and in many markets, recent guidance shows that it may only be in the near-term. “Electric vehicles are no longer only a wealthy country phenomenon.

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June 2023 – Record market share for EVs in France

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Full electrics grew from 12.8% share, while plugin hybrids grew from 7.0% Overall auto volume was 190,847 units, up some 12% YoY, though still below long term norms, and with almost all the growth coming from plugins. June’s combined plugin result of 26.9% full electrics (BEVs), and 9.4%

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

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Sweden’s June auto market saw plugin EVs take 59.2% Full electrics grew share at a decent rate, while plugin hybrids retreated slightly. Overall auto volume was 28,283 units, up some 9% YoY, though still below pre-2020 norms. full electrics (BEVs), and 20.5% plugin hybrids (PHEVs).

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June 2023 – Tesla Model Y was overall bestseller in the UK

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June saw plugin EVs take 25.1% of the UK auto market, up from 21.6% Both full electrics and plugin hybrids grew volume at a healthy clip. Overall auto volume was 177,266 units, up some 26% YoY, but still well below pre-2020 norms. June’s combined plugin result of 25.1% full electrics (BEVs), and 7.2%

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June 2023 – Tesla Model Y is again the bestseller in Norway

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June saw plugin EVs at 90.9% share of Norway’s auto market, up from 89.9% Full electrics increased their share to 82.2%, with plugin hybrid share diminishing to 8.7%. Overall auto volume was 15,566 units, up 4.5% We can see that the plugin weighting is shifting towards BEVs. a year ago.

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May 2023 – Tesla Model Y conquers Sweden

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Plugin electric vehicles saw strong year on year growth in market share in Sweden, taking 61.9% Full electrics carried all of the growth, alone accounting for 40.9% share, with plugin hybrids slightly losing share YoY. May’s combined plugin result of 61.9% of the market, from 47.5% in May 2022.

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Tesla Model Y strengthens its position in Sweden

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Sweden’s plugin electric vehicles took almost 60% of the auto market in March, up from 55.6% Overall auto market volume was 30,261 units, up some 5% YoY, though still below historical seasonal norms. of all passenger auto sales! of all passenger auto sales! March’s combined plugin share of 59.9%

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