In February, Sweden's plugin electric vehicles continued to dominate with a 54.0% share of auto sales, up from 51.6% year on year.
In February, Sweden’s plugin electric vehicles continued to dominate with a 54.0% share of auto sales, up from 51.6% year on year. Full electric share grew substantially, whilst plugin hybrid share decreased. Overall auto volume was 18,442 units, down some 13% YoY. The Volvo XC40 was February’s best selling BEV yet again, holding the lead for the 5th consecutive month.
We can see that BEVs are continuing strong growth in share, whilst PHEVs are now declining. This is partly a result of deliberatethat have sought to support BEVs over PHEVs. The plugin market is still re-settling after a strong pull-forward in December, and will take a couple more months to find a new equilibrium.
Sweden’s auto buyers have, for years, favoured midsized vehicles, whether sedan or, more recently SUV. This preference is at odds with most European markets, where affordable compacts sell at much greater volumes . So, even when affordable BEVs in the compact categories start to be available at high volume, and take the lead in other European markets, they aren’t necessarily likely to displace the lead of the Volvo XC40 in the Swedish market.
A few newer BEV models were detected much further down the rankings, with the BYD Han registering 20 units, from an initial 8 units in January.
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