1/40 new cars sold in Western Europe were electric in March.
According to industry analyst Matthias Schmidt (schmidtmatthias.de), the total number of registrations amounted to 40,400 in March at 2.5% market share, and 80,900 in Q1 at 2.1% market share.
The increase of market share to 2.5% clearly indicates that BEV sales are accelerating. Depending on the supply of cars, we could expect that full-year sales could be 300,000-350,000 in 2019.
The biggest winner of the month was the Tesla Model 3 and the Tesla brand, which in Western Europe noted over 18,000 sales:
- Model 3 - about 15,700
- Model S/Model X - about 2,400 (down 65% year-over-year)
- Tesla total - about 18,100