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Title : Global Top 20 - October 2018
link : Global Top 20 - October 2018

Global Top 20 - October 2018

October's Best Seller

Models: BAIC EC-Series does 20.000 units in (another) Record month

Registrations grew 75%  YoY in October, to over 208,000 units, beating the previous record (202,000 units), set in the previous month. 

This was a positive surprise, especially considering that the first months of every quarter are usually the slowest ones, so we are possibly heading for two other record breaking performances in the next two months, which would set this year straight into 2 million PEVs, a stark departure from the 1.2 million of 2017. 

Because of this, the global PEV share grew once again, to a record 1.9% share, which makes realistic the prospect that this year we will hit over 2% share.  

But the surprises in October didn't ended here, as Tesla took some time to breathe,from the Model 3 deliveries, at BAIC it was all hands on deck, with its EC-Series crushing its Personal Best, by delivering 20.648 units, not only winning the Best Seller of the Month award, its first since last May, but effectively ending a four months winning streak from Tesla's midsizer.

With this performance, the EC-Series has now the #2 Nissan Leaf in its sights, and could already surpass it next month.

A significant change happened in the Fifth Spot, with the BYD Qin PHEV surpassing the Toyota Prius PHEV, thus becoming this year Best Selling PHEV. With sales down 11% YoY, in a fast growing market, Toyota's only plugin model has already dropped two positions regarding last year, and could fall even further until the end of the year. Do i hear na alarm call at Toyota HQ? Are they listening?

As for the remaining YTD ranking, the Mitsubishi Outlander PHEV climbed another position, to #9, followed by the BYD e5, now #10, that thanks to a record 4.463 deliveries, climbed one position.

The Chery eQ jumped to #12, with a Year Best 5.547 deliveries, while the #15 BMW 530e surpassed its i3 sibling, now becoming the brand best selling plugin, with an interesting factoid coming from these two changes, both the surpassed Renault Zoe and BMW i3 hit 7 month highs last month, and still they lost positions. That's how fast things are going... 

But the Climber of the Month was the Hawtai EV160, that jumped three positions, to #16, thanks to a record 5.736 units, at this pace, the little Chinese EV could even possibly end the year at #13.

Finally, we have a new face in the Top 20, with the BYD Tang reaching #20, thanks to a record 6.037 registrations, and with the BYD Yuan EV (5.803 deliveries last month) just 2.000 units behind, we should see it join this Top 20 in November/December, making five BYD's in the 2018 Global Top 20...

Looking at the BEV / PHEV breakdown, pure electrics have grown their share by yet another 1%, to 66% of the total market, mostly thanks to China and the Model 3, making this the highest BEV share since 1411 2011! 

One telling tale on how disruptive the market is now, is that on the October Top 10 best selling PEVs, there were only two models coming from Legacy OEMs, the #3 Nissan Leaf and the #9 Hyundai Kona EV, with the remaining being the #2 Tesla Model 3 and 7(!) Chinese models... 

Best Selling EV maker in the World

Manufacturers: BAIC wins October, Tesla #3 last month, but #1 YTD

October saw BAIC win the Manufacturers title, thanks to a record 28.000 units, while the #2 BYD also hit record levels, with over 27.000 units. 

With Tesla taking some time to breathe, ending the month only in Third, the fact is that the American maker has enough margin  from BYD, to manage the leadership until December, where Tesla is expected to push the pedal to the metal once again and break its September record (39.000 units). 

Coming down from Outer Space and back to Earth, the most important change is Hawtai shooting to #8, thanks to a record 8.983 deliveries.

 

Below the Top 10, Hyundai profited from the Kona EV (4.600 units) tailwind, to jump two positions to #15, thanks to a record 7.139 registrations, while Volvo climbed one spot, to #18. 

Grouping sales by origin of brand, China has once again increased its leadership, to 48% (+1%), with the USA (16%) stable in Second, and #3 Germany (15%, down 1%) losing steam.

 

thus Article Global Top 20 - October 2018

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