Netherlands: Plug-In Car Sales Accelerated In February 2023

The Lynk & Co 01 PHEV continues to be the best-selling plug-in model.

Lynk & Co 01 PHEV

Mark Kane

By: Mark Kane

Mar 21, 2023 at 11:08am ET

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New passenger car registrations in the Netherlands increased in February by 24 percent year-over-year to 28,128.

That's a healthy rebound, but a really fast growth is noted in the plug-in electric segment. According to EV Volumes' data, shared by Jose Pontes, some 10,310 new plug-in cars were registered last month, which is roughly 59 percent more than a year ago and, of course, the best February ever.

Because of that, the plug-in market share expanded to 37 percent, compared to 28 percent a year ago.

The Dutch market is gradually becoming more and more electrified with a growing advantage for all-electric cars (BEVs) over plug-in hybrid cars (PHEVs). In February, BEVs noted some 6,400 new registrations (up 67 percent year-over-year), while PHEVs roughly 3,900 units (up 40 percent year-over-year).

New plug-in car registrations:

BEVs: about *6,400 (up 67% year-over-year) and 23% share
PHEVs: about *3,900 (up 40% year-over-year) and 14% share
Total: 10,310 (up 59% year-over-year) and 37% share

* estimated from the market share

Plug-in electric car sales in the Netherlands – February 2023

So far this year, roughly 19,000 new plug-in electric cars were registered in the Netherlands, which is some 41 percent more than a year ago.

BEVs: about 11,400
PHEVs: about 7,800
Total: about 19,200

For reference, in 2022, more than 107,000 new passenger plug-in electric cars were registered in the Netherlands, which is over 12 percent more than in 2021 (over 95,000) and about 35 percent of the total market (compared to 30 percent in 2021).

Because the latter part of the previous year was significantly affected by the constrained supply of new plug-in cars, we guess that this year we might see a consistent increase in plug-in car sales.

Model rank

February was another month with the Lynk & Co 01 PHEV at the top of the list (both among plug-ins and overall) with a new monthly record of 1,098 units.

Meanwhile, the Volvo XC40 with 683 units (all-electric and plug-in hybrid versions counted together) and the Tesla Model Y with 653 units were competing for second place.

Top 10 last month:

Lynk & Co 01 PHEV - 1,098
Volvo XC40 (BEV + PHEV) - 683 (499 BEVs and 184 PHEVs)
Tesla Model Y - 653
Renault Megane E-Tech - 387
Ford Kuga PHEV - 378
Skoda Enyaq iV - 366
Volkswagen ID.3 - 319
Hyundai Ioniq 5 - 258
Volvo XC60 PHEV - 234
Kia EV6 - 229

It's worth noting that the first 58 units of the all-new Hyundai Ioniq 6 just appeared in the stats.

It will be very interesting to see whether the Tesla Model Y or some other all-electric will be able to beat the plug-in hybrid Lynk & Co 01.

Top 10 year-to-date:

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Lynk & Co 01 PHEV - 1,894
Volvo XC40 (BEV + PHEV) - 1,205 (920 BEVs and 285 PHEVs)
Tesla Model Y - 1,145
Renault Megane E-Tech - 623
Skoda Enyaq iV - 512
Peugeot e-208 - 462
Hyundai Ioniq 5 - 442
Ford Kuga PHEV - 431
Peugeot e-2008 - 419
Kia Niro (BEV + PHEV) - 402 (342 BEVs and 60 PHEVs)

The top plug-in car brands in the Netherlands in January-February were Volvo (11.4% share), Lynk & Co (9.9%), BMW (8.6%), Tesla (6.9%), Mercedes-Benz (6.4%) and Renault (6.4%).

Among the automotive groups, the ones with the highest number of registrations are: Geely-Volvo (including Lynk & Co and Polestar) at 22.0%, Volkswagen Group (14.7%), Stellantis (10.6%), Hyundai-Kia (10.2%), BMW Group (9.8%) and Renault-Nissan-Mitsubishi Alliance (9.1%).

More sales reports

Germany: Plug-In Car Sales Decreased In February 2023 Too