February Electric Vehicle Sales Set 4th Consecutive Monthly Record For US
Last month we gave BMW the proverbial “fist of death” for the company’s anemic sales results surrounding the BMW i3 and i8 – a showing that also almost sank January plug-in vehicle sales in the US. At the time, we suggested things at BMW could only improved going forward.
Not so much.
Well BMW, you get the other “fist of death” this month as i3 sales dropped 77% in February, down to just 248 cars sold versus a year ago’s 1,089.
Fortunately, no other plug-ins followed BMW’s lead, with most (16 models) posting gains during the month. The result was a 4th consecutive monthly record for EV sales in the US.
During February, an estimated 7,881 plug-ins were sold, a 13% increase from February of 2015 (~6,951), and besting the previous monthly record set in 2014 at ~7,030.
Taking the BMW i3 out of the equation, and sales would have been up 30% over last year.
Once again leading the way was Tesla with the Model S, followed by the Chevrolet Volt – of which got some help from much earlier than expected 2017 model year inventory, and a strong result from America’s 2nd best selling PHEV – the Ford Fusion Energi
Notable Happenings In February:
*- the Audi A3 e-tron posted an identical 248 sales to that of the BMW i3, showing decent strength from very limited inventory in the car’s second full month on the market, the Audi could be a dark horse pick to make the “top 5” for plug-in sales this year in America
*- for the first time in its history, the Ford Fusion Energi bested the Nissan LEAF in sale for a month (932 vs 930), while also strengthening its grip for 4th place in overall sales for 2016
*- the BMW X5 plug-in, now in its 3rd full month on the market, posted its 3rd strong result, selling 345 copies, good for 7th in sales during February
Other Statistical Points of Interest from February 2016
Top Manufacturers Of Plug-In Vehicles:
- Tesla Motors* – 1,950
- Ford – 1,503
- General Motors – 1,433
- Nissan – 932
- VW Group – 651
- BMW – 647
Pure Electric Car Market Share vs PHEV In February*
- PHEV – 4,068 – 52%
- BEV – 3,813 – 48%
New 12 Month Highs Set In February By Model (previous 12 month high in brackets)
- Tesla Model X* – 400 (370)
- Hyundai Sonata PHV – 200 (175)
- Porsche Cayenne S e-Hybrid – 172 (146)
(*) estimated/Tesla North America
The full monthly recap by individual plug-in can be found on our Monthly Scorecard here.