Global Plug-In Electric Car Sales July 2020: The Market Takes Off

Tesla exceeds 200,000 YTD, while 9 other brands sold more than 10,000 passenger plug-in cars.

After about a year of relatively low growth or noticeable decline inf global plug-in electric car sales, July 2020 finally brings us a strong bounce up.

With close to 248,000 sales (the 4th best monthly result ever), sales improved by 76% year-over-year, and market share is up too, at 3.7% (7% decline in the overall car sales helped a little bit).

All-electric cars hold the majority of plug-in car sales (64% and 67% YTD), although growth of 63% year-over-year in July is significantly lower than in the case of plug-in hybrids (up 106% year-over-year).

During seven months of 2020, almost 1.2 million passenger plug-in cars were sold globally, which is 5% than a year ago at this point, but the perspective is positive as Europe is booming and China has returned to growth.

Tesla Model 3 (Image: Tesla.com)

Tesla Model 3 (Image: Tesla.com)

Model rank
The top selling models last month were:

Tesla Model 3 – 22,461 (#1 YTD: 164,800)
Renault ZOE – 9,410 (#2 YTD: 46,511)
Tesla Model Y – 7,540 (#11 YTD: 20,955)
Wuling’s Hong Guang MINI EV – 7,348 (outside top 20)
Hyundai Kona Electric – 6,257 (#4 YTD: 25,549)
The Model 3 is pulling forward quickly and is so far ahead that we can already assume it’s the best-selling car of the year 2020, just like in 2019.

Renault ZOE is really strong and clearly stands out from the rest of the pack. The time will tell whether it will be caught by others, like Model Y or Wuling’s Hong Guang MINI EV (with over 50,000 orders).

By the way, Hyundai Kona Electric passed the Volkswagen e-Golf and is now targeting the Nissan LEAF.

Read more: Inside EVs

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