In fact, plugin hybrids took 15 of the top 20 places, a stark contrast with the December table, where BEVs had 19 representatives and PHEVs only managed to place the Renault Captur PHEV in the table … and in 20th. The shock headline was a PHEV starting the year in the lead, with the Volvo XC40 PHEV beating the competition and winning the January trophy, ahead of a true armada of plugin hybrids. With the EU’s CO2 emission rules distorting the market, added to the effective sales hangover of a number of last year’s best sellers, there was a complete reshuffle of the top 20. The important thing is that the market continues to be electrified. So, in a moment of weakness in the BEV field (-34% YoY), plugin hybrids rose to the occasion and allowed plugins to continue growing, leading to a BEV vs PHEV breakdown of 29% to 71%. With this I am not saying that PHEVs will overshadow BEVs, because the latter should continue to grow fast, possibly starting already in March, but what could happen is that both technologies will continue to grow throughout the year at the expense of the other fuels.Īnd that is already visible in the January PEV share (13.3%), because while it was lower than the 2020 mark, with 25% plugin share in the whole year (21% BEV), it held steady in the two-digit area while almost doubling the share of 12 months ago (7.2% in January 2020). And perhaps because the BEV Company Car Benefit in Kind reduction is being reduced every year, some buyers are moving away from BEVs back into PHEVs? Because they are not influenced by incentive changes, unlike BEVs, the recent uptick from plugin hybrids comes from organic demand, so I wouldn’t be surprised if they regained decent volumes in this market. Will we see plugin hybrids experience a resurgence?
#Plug in hybrid cars 2021 registration
The surprising fact of last month was the registration surge of plugin hybrids (PHEVs), which actually had their best January ever, with 3,347 units registered (or 9.5% market share), effectively beating the previous record of 2,099 units set in January 2015, when the Netherlands was a PHEV paradise. Also, fully electric vehicles (BEVs) experienced the expected sales hangover in January (-34% YoY, to 1,336 units, or 3.8% market share) - after a feverish end of the year. The overall market is still down a great deal (-21% YoY) - remember, 12 months ago, Covid hadn’t yet disrupted the market (remember that long gone era?…). After the usual end-of-year sales rush in the last days of 2020, one would imagine January would bring a big hangover for the local plugin market … but it turns out, it hasn’t, because sales in January grew 40% YoY (year over year)!īut the story is more nuanced than that.
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