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Forecasting & Planning
Sales Performance & Marketing
Vehicle In Use
Automotive
Forecasting & Planning
Sales Performance & Marketing
Vehicle In Use
Automotive
Highlights
National enhanced fuel type trend Total volumes of all enhanced fuel types BEV / PHEV / HEV / FCEV (xEV) increased Q1 2021 vs Q4 2020 with the penetration of xEV vehicles making up 10.3% while traditional ICE vehicle volume decreased q/q by 10.1%. The first quarter 2021 has seen consistent improvement in xEV's market share from 7.4% in Q1 2020 to 10.3% in Q1 2021. HEV still represents the highest volume of the group but BEVs are steadily gaining each quarter. Of note is volumes of PHEVs decreased in both 2019 and 2020 but are showing an increase in 2021 q/q. Light vehicle registrations reflected a dramatic shift, as share of xEVs has increased 3.1 percentage points from Q1 2020 in the first quarter of this year. In addition, ZEVs have increased share by 1.2 percent points.
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