Italy's EV Market Kept Afloat By Tesla In Q1 2023

  • 📰 InsideEVs
  • ⏱ Reading Time:
  • 49 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

Italy's EV Market Kept Afloat By Tesla In Q1 2023 via insideevs.com

) show an auto market in full recovery from the covid pandemic lows. This recovery, however, is not biased in favor of electrified options, but rather spread out across all powertrains.over 2022′s underwhelming numbers

Plugless hybrids grew their bestselling share in Q1 to 35.8%, up from 33.8 a year ago. As can be seen, HEVs seem to be stealing more share from diesels than petrol units, whose previous steady decrease has halted since a few months ago. With such strong performance from combustion engine models, how did plug-ins fare?

, which turned out to be a record year. BEV registrations had been just over 13,000 then, and continued to climb from there. It is unlikely that 2023 will show the same trajectory for full electrics, but only time will tell. As seen since last year, PHEVs seem to still be Italy’s preferred electrified powertrain with a plug, in increasingly stark contrast with the rest of Europe, where hybrids are stalling or slowly being pushed away by BEVs. Despite the positive performances, combined plug-in powertrains , while up almost 25% for total registrations, only achieved 8.2% market share, slightly down from 8.3% in Q1 last year.

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:

 /  🏆 579. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Asian Stock Market: Solid Fed’s rate hike pause bets improve market sentiment, oil rebounds sharplyMarkets in the Asian domain are showing all-recovery strength as expectations for a pause in the policy-tightening spell by the Federal Reserve (Fed)
Source: FXStreetNews - 🏆 14. / 72 Read more »