Clean Tech News & Views: EVs, Solar Energy, Batteries
were up 23% in September 2023 compared to September 2022, rising to 1,291,00 units. That’s a new all-time record. In the end, plugins represented 17% share of the overall auto market . The market share could have been even higher if the overall ICE market hadn’t also been recovering to pre-COVID levels…..
Elsewhere, the second half of the table saw two models hit record results. The #17 Li Xiang L9 scored its 2nd record in a row, 11,884 registrations, and the #18 Audi Q4 e-tron scored 11,307 registrations. Add the Audi’s record performance to the 13th position of the VW ID.4 and the 15th spot of the VW ID.3 and we have Volkswagen Group placing three models in the top 20 for the first time in … a long time.
A few positions below, the VW ID.3 was also up one spot, in this case to #16. The last positions on the table had a complete reshuffle, with Li Auto’s L7 jumping two positions to #18 while its 7-seat sibling, the Li Xiang L8, joined the table in #19. And in #20 we now have the Audi Q4 e-tron, which replaced the Volvo XC40 on the table.
But one of the biggest surprises of the month was #16 Toyota, which had its second record result in a row, this time 17,068 registrations. The company had strong results across its several operations . Yep, Toyota is late to the game, but it is still too early to say the company is history…. But back to September 2023. Far below these two, which are really in a league of their own, you have the hot GAC Aion, which has confirmed its status as the NTNB best seller. Don’t expect others to reach the Chinese make anytime soon. It seems this year’s podium is already decided: #1 BYD, #2 Tesla, #3 GAC Aion.
Below the multinational conglomerate, things are more interesting. While #7 BMW Group kept its position, Hyundai–Kia lost the 8th position to a rising GAC . Maybe BMW will be next in GAC’s list? Perhaps even in October? In the same period, Volkswagen Group lost 0.2% share and SAIC 0.1%, which means that the Shanghai OEM seems to be stabilized around the 5.5% share mark. The same can be said about #4 Geely–Volvo, but in this case, it is around 6% share. #6 Stellantis continues to hover around the 4.6% share score. So, all of these three OEMs seem stable in this period of the EV transition., Tesla remained in the lead with 20.1%, down from 20.6% in September.
Finally, a few small notes on the state of the global EV market and the health of each of the major automotive blocs….With the Chinese EV market owning over 50% of the total market, this is not a healthy situation, nor is the fact that the top two OEMs, BYD and Tesla, own 36% of the total market., the fact is that the pace of innovation, not only regarding batteries, but also digitalization, costs. And the remaining aspects of a cars are unparalleled, even by Tesla.
Another aspect where the US EV industry is lagging behind China is the number of EV startups. Let’s imagine if a “Dieselgate” kind of scandal hit BYD. The Chinese EV industry would have literallyof brands step up to replace it, starting with all of the local startups — Li Auto, NIO, XPeng, Hozon, Leap Motor….does not have such a rich ecosystem.
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