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

Push EVs

Outlook The Swedish auto industry association, Mobility Sweden , points out that H1’s overall auto market was 2% down in volume, year on year, saying “The low registration figures are largely an effect of the current economic situation which affects the car market.” The Swedish economy is experiencing just 0.6%

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Tesla Model Y strengthens its position in Sweden

Push EVs

The ET5 is a premium priced, mid sized sedan, with long range, battery swapping, and with a tech focus. At this price point, the Nio will obviously remain a niche vehicle, but may push innovation in this upper end of the market, and may perhaps get Nio closer to releasing more affordable future vehicles. PushEVs.

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EVs in France reach record market share

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Certainly in the past few months of this year France has not received high priority, and thus its headline growth rates look a bit subdued, compared to neighbours like Norway, Sweden, or Germany. The prospects for the French auto industry 2023 are hardly any different, with no immediate end in sight to the conflict. PushEVs.

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EVs dominated the UK car market in December

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Since we reached the end of another year, the UK auto industry association, the SMMT , provided a top 10 chart of the bestselling BEV models for the year. If Norway and Sweden can serve as guides, PHEVs will keep selling but not grow share by much overall (unless perhaps compelling new BEV+Rex models come available).

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This Volvo and Harris Poll Study investigates the state of EVs in America

Current EV

and European countries like Norway and Sweden, 1 the electric vehicle passenger market is expected to reach a valuation of $356 billion by 2023. 2 Same price as a traditional vehicle (57%). Volvo Cars is taking a bold lead with electrification in the auto industry. Driven largely in China, the U.S., Base: Non-EV drivers.

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In December EVs took more than half of the German car market

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for BEVs priced under €40k, and from €5k to €3k for BEVs priced between €40k and €65k (nothing for vehicles priced above this). Recall though that Norway and Sweden have already largely moved on from the PHEV phase of the transition, with no major regrets. BEVs’ government subsidies have just been cut from €6k to €4.5k

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Biden quadruples tariffs on Chinese EVs, up from 25% to 100%

Baua Electric

This large tariff has had the effect of excluding most Chinese autos from the US market, as it’s easier to export to countries with lower tariffs first. However, given Chinese EVs are incredibly affordable , even a 25% tariff might have resulted in competitive prices.

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