EVs Take A Record 29.3% Share In France — Tesla Leads

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EVs Take A Record 29.3% Share In France — Tesla Leads
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September saw plugin EVs take a record 29.3% of the French auto market, up from 24.2% year on year. Full electrics alone took close to 20%.

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September saw plugin EVs take a record 29.3% combined share, comprising 19.3% full electrics , and 10.0% plugin hybrids . These compare with YoY figures of 24.2%, with 15.9% BEV, and 8.2% PHEV. Not too far behind was the Peugeot 208, with a healthy 3,924 units, a new record volume. The Dacia Spring took third with 2,514 units.

The 208 has climbed strongly from 5th in the previous period . The Renault Twingo also climbed well, to 8th from 14th previously. Other climbers in the top 20 include the Skoda Enyaq, Citroen e-C4, BMW iX1, and Audi Q4 e-tron.The 11% YoY recovery of the auto market helped France’s broader economy remain in positive territory, with latest July figures showing. Inflation remains high at 4.9%, with interest rates at 4.5%. Manufacturing PMI fell back to 44.2 points in September, from 46.0 in August.

This new approach is primarily designed to serve as a carrot-and-stick mechanism, pushing manufacturers towards a holistic view of vehicle emissions, not just in use, but also in manufacture. I say primarily, because – although in the long run, this is no doubt a necessary step to move towards emissions reduction – in the short term, there is also a whiff of economic protectionism at work.

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