Home » Auto, hybrid and electric sales exceed diesel for the first time

Auto, hybrid and electric sales exceed diesel for the first time

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The Vw Golf ranks second in August but earlier than the beginning of the year

The Dacia overtook the Volkswagen Golf, in second place which recorded a monthly decline of 38% year-on-year, but is still at the top of the rankings since the beginning of the year. Dacia’s compact SUV Duster also entered the top 5 in fourth position, increasing its volume by 4% in August. Other notable achievements include the Fiat 500 which was upgraded by the EV model, but also the Hyundai Tucson and BMW 3 Series which topped the other premium models in the overall standings at the end of August.

The analyst on the fastest growing models in August

Among the latest launches, it should be noted that the long-awaited Tesla Model Y has entered the top 10 of the Bev ranking despite having arrived on the market in August. In addition, it should be noted that the Ford Mustang Mach E also entered the top ten and that the Vw ID.3 secured the 15th position in the overall standings in August. Opel / Vauxhall then registered 4,900 units of the new Mokka, followed by Vw with 4,600 units of the ID.4. And yet Citroen registered 4,600 units of the C4, while the Cupra Formentor did well with 4,341 units, followed by the Renault Arkana which registered 4,300 units.

Tesla aims to increase the profitability of its models

According to analysts at Jato Tesla and Volkswagen are taking clear measures to reduce production costs and improve the profitability of their electric cars. Tesla is targeting just two manufacturing plants to produce a total of 900,000 units by the end of the year, which is 86% of current annual production capacity. The company is also seeing an increase in its profitability and, in the first quarter of 2021, its earnings before interest, taxes, depreciation and amortization (EBITDA) increased 94% compared to the same period in 2020. This provides a good indication that Tesla will soon be ready to expand its product range and take steps to launch more affordable electric vehicles.

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Volkswagen leader among affordable electric cars

Volkswagen is accelerating its electrification plans with the introduction of several new electric vehicles. The ID family in particular is known for its range of electric models in different segments, which cater to a broad consumer base. Currently VW has sold almost 6.5 million units of electric in 2020. This demonstrates how well positioned it is to move better in the most popular sectors of electric vehicles thanks also to the program to merge its platforms in one platform that has the objective to unify VW products on a single platform for all types of cars.

The analysis of the price trends of electric cars

Based on recent findings by Jato, the price of electric vehicles in China, the world‘s largest market for these products, has fallen by almost half (47%) since 2011, the US and European markets have seen electric prices rise in the same period, respectively by 38% and 28%. China’s success in producing affordable electric vehicles depends on a number of factors, including the government’s decision to invest in the domestic market as early as 2009. Today, Chinese consumers can buy a new electric vehicle for just € 3,700. In stark contrast, the average price of an electric in the United States stood at € 36,200, compared to € 26,200 in 2011. Average prices are higher in Europe. In May 2021, electric was on average 52% more expensive than thermals in the UK and 54% in the Netherlands, while in Germany the average price of an EV is € 39,755 compared to € 36,979 for themes. The exception is Norway with the average price for new electric of 44,500 euros compared to 53,000 euros for thermals.

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