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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.

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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. The Tesla Model Y was June’s best selling vehicle. plugin hybrids (PHEVs).

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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% share, with plugin hybrids slightly losing share YoY. Overall auto volume was 28,492 units, up some 8% YoY, though year to date volume remains some 5% down compared to 2022. The best selling car in May was the Tesla Model Y.

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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. The Tesla Model Y was the UK’s bestselling vehicle in June. year on year.

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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% Tesla’s Model Y was yet again Norway’s best selling vehicle, almost 3x the volume of the runner up.

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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. The Tesla Model Y was the overall best selling vehicle of any kind, taking 10.6% of all passenger auto sales!

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Tesla Model Y wins UK bestseller spot in March

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The UK saw plugin electric vehicles take 22.4% of the auto market in March, down from 22.7% Overall auto volume was 287,825 units, up some 18% YoY, though still some 19% down from March 2019 levels. Overall auto volume was 287,825 units, up some 18% YoY, though still some 19% down from March 2019 levels. year on year.

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