1st Quarter Dutch BEV Sales Above Expectations With 25.5% Market Share - CleanTechnica

  • 📰 cleantechnica
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

1st Quarter Dutch BEV Sales Above Expectations With 25.5% Market Share

Traditionally, Dutch BEV sales show a spike in the last quarter of the year. This is followed by a trench in the first quarter. Sales of fossil fuel vehicles follow the opposite trend. Low sales in the last quarter followed by high sales in the first quarter.

Previously, the high market share of BEVs just before year’s end was in part made possible by the fossil fuel market delaying deliveries until the new year. When one is high and the other is low, you get a brilliant ratio. But in the first quarter, fossil fuel vehicle sales were very high, and still BEV market share was extremely high.

By the way, this was the first Q1 in 5 years that FFV registrations grew. And it is likely only because better supply enabled carmakers to deliver orders from their large backlogs, not because of an increase in demand.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 565. in CA

Canada Canada Latest News, Canada Canada Headlines