for the month of October dim the picture even further than previous recent months. While the overall car market continued its rebound, the same was not for plug-in cars.
Fully electric cars were instead subject to the most severe crash to date in absolute and relative terms. Only 3,695 units were registered in October, for a negligible 3.1% share in a rebounding market. This meant a gigantic 48.1% YoY decline from 7,123 registrations just twelve months ago, when BEVs had reached a near 7% share. What could explain this catastrophic decline?
Plug-in hybrids, on the other hand, performed rather well for the month. With 6,116 registrations, PHEVs reached a 5.2% market share, growing a substantial 17.4% YoY from 5,209 units twelve months prior . This is an unusual increase for plug-in hybrids, which are otherwise seeing flat sales elsewhere in the continent, as consumers mostly turn to favor BEVs as new models enter the scene.
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