EVs Take 24.1% Share In France — Popular BEVs Hit By Incentive Stop

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EVs Take 24.1% Share In France — Popular BEVs Hit By Incentive Stop
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May’s auto sales saw plugin EVs take 24.1% share in France, roughly flat from 24.3% year-on-year. BEV share was up, while PHEV share dropped.

Overall auto volume wasMay’s results saw combined plugin EVs take 24.1% share in France, comprising 16.9% full battery-electrics , with 7.2% plugin hybrids . These compare with YoY figures of 24.3% combined, with 15.6% BEV, and 8.7% PHEV.

Add to that hangover, the stopping of the eco-bonus for many popular BEVs, and what do you get? A depressed BEV market. I expect the slowing YoY volume growth we see in May is part of this, at just 5.4% . Likely June will also see unimpressive YoY growth, or perhaps even negative growth. Let’s keep an eye on this.

Their elevated rank is also a consequence of the cancellation of the non-European BEVs noted above: in the final quarter of 2023, none of these now-top-3 models even appeared in the top six, let alone in the top 3. Back then, the Tesla Model 3, Tesla Model Y, Dacia Spring, and MG4 were regularly dominating.

The Dacia Spring is in even worse shape. In the December to February period, it was in 5th spot. Now it has disappeared almost entirely. It had just 148 sales in March, and then a pitiful 35 sales in April and May combined. This is a great shame, because over the past 3 years, the Spring was periodically the monthly best seller in France.

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