AID: First Faint Signs Of Life Have Weakened Again In West Europe’an EV Market

MAR 3 2014 BY MARK KANE 13

Renault Zoe

Renault Zoe

According to latest report on EVs, the number of registrations of pure electric cars in Europe plunged by 46% from 5,371 in December to 2,948 in January.

Over one third of EV sales comes from Norway where 1,099 new EVs were registered last month. 15 other West Europeean markets ’shared the remaining 1,849 electric cars registered.

“After a promising-looking brief interlude of comparative buoyancy during last year’s closing months, proof to some that Europe’s electric car market does have a pulse after all, since the start of this year these first faint signs of life have weakened again.”

eagleAID is saying that this data pours buckets of ice cold water on the electric car industry’’s fanciful idea that today’s European motorists are gradually beginning to show serious interest in US.

But as we all know, December’s results were higher than usual because of time-limited government tax benefits on some markets like in the Netherlands.

Source: eagleAID

Categories: Sales

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13 Comments on "AID: First Faint Signs Of Life Have Weakened Again In West Europe’an EV Market"

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How does it compare to january 2013? That’s more interesting…

Seriously, that’s what I want to know too. We all know to compare year-to-year, not month-to-month, especially in the incentive-heavy EV market.

Fresh data from Norway: February 1385 new EV (+314%) + 212 imported used EV (+155%)

Nissan Leaf: 484 (+68%)
Model S: 431

Additional: the petrol Golf got spot 1 with 488 units (e-Golf isn’t delivered yet) and that is -28% yty

That’s great number IMO.. Can you please send the same to . May be they will put these numbers and reproduce another report showing the growth 🙂

Not counting Norway, not even 2000 sold. Guys, let’s face reality, electric cars are just not ready for primetime. Really wonder how the Leaf would sell lin the US without the subsidies. Europeans simply chose efficient diesels over low range electric cars that they cannot really take anywhere. My only hope is that with today’s crisis with Russia and Ukraine, Europe (including Germany) will start pushing for this technology much more as being dependant on Russian and Middle Eastern oil is just not a good place to be in. My other hope is that Tesla will cut battery cost by the promised 30% and its Model E will be a success in the US first, hopefully by then the Supercharger network in Europe will be up and running so hopefully Model E will be a success here too…

I think one of Europe’s biggest problems with EVs is that so many of them live in flats & apartments where they cannot easily install their own home-based charger.

OTOH, every socket is a level-2, so there may not be much to install.
But yes, one still needs somewhere to plug in…

I know nothing about stocks and shares, so take my prognostications with shovels of salt.
Tesla’s share price, as I understand it, is partly based on projections of sales in Europe.
Any notions that they will remotely approach levels in the US are entirely fanciful outside of regions like Norway where they are being almost given away relative to petrol cars in my view.

To the extent to which share prices for Tesla in particular have built in ideas of high European sales they are likely to be on unstable ground.

I don’t think that Tesla share price is based on sales expectations in Europe. It’s based on the premise that Tesla will sell half a million cars worldwide by 2020 or/and it will disrupt the energy industry (I guess alogn with Solar City) throught their energy storage, it will lower battery costs by 30% before Model E arrives and that Elon with his superpowers will pull this off without skipping a beat. Good sales in Europe would help, but US and China seem to be the 2 key markets in my opinion.

A big hit to the European market is the weakness of France. It was the most important market over the last two years, but with record jobless rate and a complete clueless government, they are destroying everything.

Europe’s quadruple dip austerity-driven recession certainly isn’t helping. Combine that with real uncertainties for incentives and vehicle supplies, and it’s not really surprising.

With the supercharger-system complete, then it is just a wait for the very monetary-conservative mind-set to do the math and come around RE Tesla. Free (through planning) driving and low maintenance in a high-EV mileage car (already plan trips to minimize 10-12 dollar/gal fuel usage) against initial price will win long-term IF the car is good. Short term, mileage anxiety not yet overcome, word-of-mouth of too few owners. Elon should beat the gov’ts with goodies in addition to free supercharger network to help offset the (very successful) incentives. Once there and over the anxieties, EV will own the budget-conscious buyers, see in 2020.
Many already know that motors have an extreme lifespan compared to ICE, batteries are the remaining LONG-ownership issue. With a machine that has a process for replacing -some- batteries, or the ability to buy a Used battery-pack, this worry diminishes, and winds up more than cost competitive (cheap) to the endless-parts ICE alternative. Anyone that has seen a 16th-owner Cinquacento driving about knows that lifespan is key and EV cannot compete there (the belief that it can last and last) yet. Time will out.