Sweden’s plugin electric vehicle share hit record highs in November, gaining 64.6% of the auto market, from 54.3% a year ago.
Full electrics saw dramatic growth in share, gaining 42.5% in November, from 26.0% year on year, influenced by policy changes. Overall auto volumes were 25,588 units, up 21.5% YoY from a weak 2021, though still some 15.8% down from pre-2020 seasonal norms . November’s bestselling vehicle was the Volvo XC40 full electric.
In volume terms, BEVs broke a new monthly record, at 10,868 units . The public policy environment was the largest influence on these results: The “climate bonus” incentive was scrapped during the month, leading to a rush of BEV orders to catch the bonus before expiry. Conventional combustion-only powertrains were down to a new record low, falling just under 25% share of the market, for the first time .The Volvo XC40 was the best selling BEV in November, again beating the Volkswagen ID.4 into second place, same as last month. This time around, its sibling the Volvo C40 took 3rd, and cousin Polestar 2 took 4th, a great result for the Volvo-Polestar family.
Further back, the Renault Megane continued to grow sales, reaching 237 units in November, and 16th spot.
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