The UK auto market saw plugin electric vehicles take 21.5% share in October, with growing year on year volumes.
saw a slight dip , against greater YoY gains in overall auto volume, up 26% to 134,344 units . October market volume was still at the lowest seasonal level since 2010. BMW’s full electrics led the category in October, with Tesla in shipping mode.
In volume terms, BEVs grew 23.4% YoY, not quite enough to keep up with the recovery of the broader market. PHEVs grew volume by a modest 6%. Whilst this is an emissions improvement over status quo combustion-only powertrains, it is only a cheap quick-fix extension of legacy I.C.E. intellectual property and production capacity, on the way to full electrification.
BMW has actually had record performances for both of the last two months, but September’s was outshone by Tesla’s out-sized performance. Now that Tesla is re-stocking, BWM stands out.
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