Global Quarter 1 2016 EV Sales (+ Preliminary Figures For April) −


Market Research

Published on June 5th, 2016 | by James Ayre

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Global Quarter 1 2016 EV Sales (+ Preliminary Figures For April)

Global electric vehicle sales figures for Quarter 1 2016 were recently released by EV-Volumes (along with preliminary figures for April), revealing that plug-in sales in 2016 to date totaled 180,500 units. That’s a roughly 42% year-on-year increase as compared to the same period of time in 2015.

The above figures, it should be noted, are with regard to all-electrics (EVs), plug-in hybrids (PHEVs), and also light-commercial electric vehicles.

EV volumes quarter Q 2016 global

While growth was still high in Quarter 1 2016, it didn’t quite match the highs of late 2015. EV-Volumes provides more on that:

Growth slowed down compared to (late) last year, which was 71% higher than 2014. Q4-2015 was particularly strong, in anticipation of lowered incentives in a number of markets for 2016, notably in the Netherlands, Denmark, Sweden, and for mini-EVs in China.

Many of these preempted sales were subtracted from the 1st quarter of 2016. In terms of volume growth, +52,500 units is still a progress over the +45,300 increase in the year before. More than half of the 52,500 increase goes to plug-in hybrids (+27 k) and they increased their share by another %-point to 42%.

As far as the electric vehicle sales split by region, China remains the top dog, with a very rapid rate of growth being achieved throughout Quarter 1 2016. Year-on-year electric vehicle sales volume in the market more than doubled as compared to 2015.

Sales volume growth in the European region, in the US, in Japan, and elsewhere, was a fair bit lower — with a growth rate of 27%, 19%, 36%, and 0%, respectively.

EV volumes quarter 1 2016


 

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About the Author

's background is predominantly in geopolitics and history, but he has an obsessive interest in pretty much everything. After an early life spent in the Imperial Free City of Dortmund, James followed the river Ruhr to Cofbuokheim, where he attended the University of Astnide. And where he also briefly considered entering the coal mining business. He currently writes for a living, on a broad variety of subjects, ranging from science, to politics, to military history, to renewable energy. You can follow his work on Google+.



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