Plug-In EV Sales To Hit 1.1 Million In 2017

OCT 9 2017 BY MARK KANE 6

Global plug-in electric vehicle sales have shown an increased every month (YoY) for the past several years, and is showing no signs of slowing down any time soon.

Plug-in electric car sales in 2017 (source: EV-volumes.com)

EV-volumes forecasts that this year total sales will climb to some 1.15 million, which would be a 48% gain over 2016.

Which would mean that plug-ins would take a worldwide market share of about 1.22%…or one of every 82 new vehicles purchased would come with a plug.

The numbers seem spot on – perhaps even a bit conservative, as ~649,000 sales were noted in the first eight months of the year,  giving a great base for the last few months (typically the strongest) to build on.  Sales from September to December are expected to range from 100,000 to 140,000 a month.

So far this year, nearly two-thirds (64%) of sales were all-electric.  Through August, the best selling car was a plug-in hybrid Toyota Prius Prime, followed by Nissan LEAF and Tesla Model S.

Plug-in sales growth in major regions (via EV Volumes)

source: EV-volumes.com

Categories: Sales

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6 Comments on "Plug-In EV Sales To Hit 1.1 Million In 2017"

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SJC
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SJC

Good curve, keep it up.

Emc2
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Emc2

According to this forecast, cum global sales will reach 3 million plug-ins before the end of 2017, I guess by November.

trackdaze
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trackdaze

Yep 3 million culmulative.

Next year should go close to 2million sold with 4 million total by July – Aug and 5 million in December.

Mike
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Mike

I seem to remember OPEC predicting 1.5 cumulative sales by 2020. Guess they missed that by a bit. I wonder why? It couldn’t be that they have a vested interest in ICE cars, could it? 🙂

Don Zenga
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Don Zenga

1 million is sure, 1.1 million depends on the track of China sales.

trackdaze
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trackdaze

Rolling twelve months at 950,000