World EV Sales Now 14% Of World Auto Sales
Global plugin vehicle registrations were up 70% in April 2023 compared to April 2022. There were 928,000 registrations, making it possibly the last month with fewer than one million sales per month ever for plugin electric vehicles. In the end, plugins represented 14% share of the overall auto market . This means that the global automotive market remains in theInterestingly, plugless hybrids were also on the rise in April, rising to 808,000 units, robust two-digit growth.
In the midsize category, the highlight is the record performance of the Leap Motor C11 SUV. Thanks to its new EREV version, it reached 6,146 registrations, providing the struggling startup some much needed volume. As for the compact category, we salute the return of Great Wall’s Ora Good Cat to decent performances. It scored 7,521 registrations this month.
April saw a really close race for the 4th position. In the end, #4 SAIC ended the month fewer than 1,000 units ahead of #6 BMW, with the joint venture taking advantage of the success of its new Bingo EV to end ahead of #5 Volkswagen and #6 BMW. and the production ramp-up of the Grand Cherokee PHEV, thus posting another good score of 11,942 registrations. That means it beat its US counterparts Ford and Chevrolet!, there wasn’t much to report regarding the podium. BYD is ahead of Tesla, with the two makes together responsible forFar below these two, which are really in a league of their own, BMW is comfortable in the 3rd spot, while below it, Volkswagen remained in 4th.
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