Global plug-in car sales exceed 3 million in first seven months of 2021

Global plug-in car sales exceed 3 million in first seven months of 2021

Dropping a clear hint about the accelerated transition from conventional internal combustion engines (ICEs) to electric vehicles (EVs) globally; newly released stats revealed that global sales of plug-in cars exceeded the mark of 3 million in the first seven months of 2021.

According to fresh stats, passenger plug-in electric car sales reached more than 3 million units in the January to July 2021 period. In terms of market share, plug-in cars grew to 6.5 per cent. Plug-in sales have been on the rise for the last many months. During the month of July, manufacturers collectively sold nearly 480,000 units of plug-in cars, giving one of the best monthly performances ever.

In terms of percentage, global passenger plug-in car sales in July were 94 per cent higher year-over-year. Plug-ins’ market share amounted to 7.1 per cent, and nearly 66 per cent of the plug-ins were all-electric vehicles.

Battery electric vehicles (BEVs) accounted for 4.7 per cent of total sales, with nearly 318,000 units sold. PHEVs sold nearly 162,500 units, accounting for 2.4 per cent of the market share. In total, manufacturers collectively sold 480,506 units of plug-ins.

Year to date (YTD), sales of passenger plug-in electric cars jumped to 3,039,961 units, grabbing 6.5 per cent of the market share. In terms of model, the top-sellers in July were the Wuling Hong Guang MINI EV, Tesla Model, Tesla Model Y, Volkswagen ID.4, and BYD Qin+ (PHEV). The Wuling Hong Guang MINI EV sold 30,706 units, while the Tesla Model 3 sold 18,811 units. The Tesla Model Y, Volkswagen ID.4, and the BYD Qin+ (PHEV) sold 14,661 units, 14,660 units, and 9,127 units respectively.

The list of top-10 seller also included the Li Xiang One EREV (8,589 in July and 38,743 YTD), Changan Benni EV (8,701 in July and 37,879 YTD), Volkswagen ID.3 (5,518 in July and 36,597 YTD), GAC Aion S (5,502 in July and 35,958 YTD), and Hyundai Kona Electric (4,656 in July and 35,889 YTD).

In terms of brand, Tesla topped the list again, with a total of 35,020 units sold in July and 421,100 YTD. Other top selling brands included SAIC-GM-Wuling (31,219 in July and 222,696 YTD), BYD (46,938 in July and 198,094 YTD), Volkswagen (27,969 in July and 181,784 YTD), BMW (21,434 in July and 152,168 YTD), and Mercedes-Benz (18,161 in July and 121,669 YTD).

As automotive sales continue to grow with the ongoing transition from ICEs to EVs, market experts expect global plug-in car sales to exceed 6 million units by the end of this year.