August saw plugin EVs take over 60% share in Sweden, significantly up from 46% year on year. Full electrics alone took over 40%.
August saw plugin EVs take over 60% share in Sweden, significantly up from 46% year on year. Full electrics alone took over 40% of the market, with plugin hybrids almost 20%. Overall auto volume was 23,871 units, up some 16% YoY, but still well below pre-2020 seasonal norms . The Tesla Model Y was August’s best selling vehicle.August’s results saw EVs take 60.1% combined share, with 41.0% full electrics , and 19.1% plugin hybrids . These compare with like figures from August 2022 of 46.1%, 28.
The trailing 3 months’ plugin share now stands at 59.7% . Expect that to reach close to 70% by the end of December.The Tesla Model Y has climbed back to the top of the sales charts in August, with 1,506 units, after a logistics lull in July. It was just ahead of the Volkswagen ID.4, while the Skoda Enyaq was some way further back, taking 3rd.
After having seen a strong delivery month in July, taking the lead, it was the BYD Atto 3’s turn to have a low ebb of shipments in August, and it fell back to 10th spot. Let’s be clear — 45 minutes charging is not accurately described as “just” for a BEV at this price point, launched in mid-2023. It is about the slowest charging of any new BEV launched over the past few years. Most competitor BEVs launched since 2020 can recharge 10% – 80% in around 30 minutes or faster. The Hyundai Ioniq 5, Ioniq 6, and Kia EV6 — larger, with more range, and only a bit more expensive — take 18 minutes, about the same duration as a normal comfort break on a long journey.
Inflation remains very high at 9.3%, unchanged from last month. Interest rates are also at a 5 year high .
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