The two most popular EV models—Tesla Model Y and Volkswagen ID.4/ID.5—were down 40% this year.
Author: Mark Kane
More delays from Volkswagen over, you guessed it, software.
All-electric vehicle sales in the first half of the year decreased by 1.4%.
They were already a tiny fraction of the market. Then, last quarter, sales dropped 91%.
After quarters of rapid PHEV sales growth, Stellantis's volume decreased.
Rechargeable cars captured 20% of the passenger car market.
In Q2, the difference between deliveries and production hit a record 33,000 units.
Only non-rechargeable hybrids expanded, taking 30% of the market.
In May 2024, plug-in car registrations hit a record 47% market share.
In Europe, two-thirds of the brand's sales are rechargeable cars.