IN STRONG INCREASE – Electric cars they grow. This is what emerges from the analysis of sales data at a global level, relating to first quarter of 2021, spread by the Jet. To get an idea of the order of magnitude of the growth just think that in this period the same number of EVs were sold as in the entire year 2017 (more than doubled compared to 2019). There growth is helping many brands to offset the declines in the combustion engine market, where the impact of the pandemic has been strongest.
THE NUMBERS – According to the data of the Jet, which include 45 markets, were delivered in the first quarter of 2021 727,000 units (with a potential of 750,000 units if the remaining countries are included), with a global share of 4,1% (6.4% if we consider the only one in Europe). The total volume increased by 142% compared to the first three months of 2020, when the pandemic began to have its effect on the market.
CHINA IS THE LEADER – To guide the spread of electric cars these are the markets of China, Europe and USA-Canada, where 95% of the global volume is recorded overall. There China regained the top spot for EV sales, after losing it in the first quarter of 2020 due to the effect of the pandemic and currently absorbs 53% of all electric cars sold worldwide. This dominant position is due, among other things, to the adoption of strong incentives by the government.
EUROPE ACCELERATES – Despite China’s dominant position, in Europe the market is growing, with almost 200,000 units delivered from January to March 2021. The old continent will therefore play a fundamental role in the development of electric cars also in the face of the recent decision by the EU to push the accelerator decisively on the disposal of thermal engines (who to know more).
HE USES? – In the US, consumers are demanding large pickups and SUVs, which still makes the transition to electric cars difficult. Despite this, the Tesla is therecompany that sells more EVs to the world, mainly thanks to internal demand; in the first quarter of 2021, one in four electric cars was a Tesla. It will be interesting to see the reception that the Americans will give to the first large electric pickups and SUVs such as the Ford F-150 Lightning and the Hummer.
THE BUILDERS – Among the manufacturers that have a strong presence in Europe, the growing performance of the Volkswagen Group should be noted, which now has 11 models available. There line ID of the Volkswagen is enjoying a good reception in Europe, with the ID.4 SUV which in April was at the top of the electric rankings. General Motors is also growing at a good pace mainly due to the effect of its joint ventures in China. The Baojun and Wuling brands are experiencing strong demand, also thanks to low prices. The Wuling Hongguang Mini car is currently the best-selling electric in the country ahead of the Tesla Model 3 sedan.
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