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EUROPE | ELECTRIC CAR MARKET |  AID EXCLUSIVE   
Octoberís BEV electric car market runs out of charge in Europe
Published: Tue, 22nd Nov 2016 15:01:17 GMT  
 

West EUropean Electric Car sales trends 10-Months 2016

Europeís electric car market is faring a great deal worse than hoped only a year ago. Despite generous ongoing purchase and user incentives, a steady rise in electric car choice, a gradual uplift in real-life driving range and continuing electric car infrastructure improvements, European consumersí appetite for todayís electric cars (BEVs) still remains a great deal weaker than the industry had hoped. Thatís the stark message from AIDís exclusively compiled October electric car registration figures for the whole of Western Europe 

Electric car sales in Western Europe dropped for the 5th time in the past six months in October posting a near 17 per cent drop from the same month last year. 

The marketís continuing sluggishness in a year which for instance was supposed to see strengthening demand in Germany, thanks to the newly introduced Ä4,000 electric car subsidy, has prompted concerns in some quarters that this yearís electric car sales growth in Europe may not achieve the optimistic higher levels forecast at the beginning of the year.

Already ten months through the current year - illustrating the electric car industryís current predicament - latest AID figures reveal that the sales share going to BEVs Ė excluding plug-in hybrids (PHEVs) Ė has remained pretty much unchanged. 

Thatís 0.64 per cent of the regionís recovering new car market. 

Those looking for it will detect more pain in AIDís latest numbers

The latest state of play shows a double-digit fall in Octoberís regional BEV sales, cutting Octoberís West Europeís BEV sales share to less than last yearís same month level. 

Aside from hard hitting facts pointing to excruciatingly sluggish
...more


MORE LIKE THIS:

| Electric car market, stuck in neutral for four months, back in gear in September  01 Nov 2016


| Europeís electric car market suffers 4th monthly fall in a row  06 Oct 2016


| Far from picking up speed, in Europe electric car demand lurched into reverse  26 Jul 2016

 

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