Welcome to the January 2021 edition of Electric Vehicle company news. January saw December 2020 electric car sales hit more new records with Europe being the star performer boosted by a surge from Volkswagen and support from regular star performers BMW, Tesla, Mercedes and Renault.
H2 2020 will be remembered as the time when the serious EV disruption of ICE began. In yet another stunning record month for electric car sales here are some incredible stats on electric car sales market share for December 2020: France (19%), Germany (27%), Sweden (49%), Netherlands (72%), Norway (87%) and for all of Europe (an incredible 23% market share).
Global electric car sales as of end December 2020
Global electric car sales finished December 2020 with over 500,000 sales for the month, up 105% on December 2019, with a market share of 6.9%for December 2020, and 4.0% YTD (EV-Volumes has it at 4.2%). Full year 2020 sales of 3.24 million were up 41% (EV-Volumes has it at 43%)on 2019.
Note 69% of all global electric car sales in December 2020 were 100% battery electric vehicles (BEVs), the balance being hybrids.
China electric car sales were a record 224,000 in December 2020, up 12% on December 2019. Electric car market share in China for December was 9.4%, and 6.3% YTD. Reuters reported in November 2020 China has a 20% NEVs target for 2025. A September 2020 report from Bloomberg Green stated: "China's updated NEV target for 2025 is 15% to 25%. For 2035 the NEV target will be 50% to 60%."
Europe electric car sales were a new record 281,000 in December 2020, up 264% on December 2019. Europe electric car market share was an amazing 23% in December (up from 16% in Nov. 2020), and 11% YTD (2020 year in total).
US electric car sales were not reported by EV Sales in December 2020 as it appears many ICE brands don't want to publish their EV sales numbers.
Note: The above sales include light commercial vehicles.
Note: An acknowledgement to Jose Pontes and the team at EV Sales Blogspot and EV Volumes for their excellent work compiling all the electric car sales quoted above and below.
2020 global electric car sales soared higher to reach 3.24m and 4.2% market share, up 43% on 2019