Summary
- November’s auto sales in Sweden saw a 61.7% share of plugin EVs, with BEVs at 36.3%
- Overall auto volume was 24,844 units, down 2% year-over-year
- PHEVs saw an increase in share, helping plugin sales maintain modest growth
- The Tesla Model Y was the best selling BEV in November
- Diesel-only autos saw a decrease in share, with sales volume falling 27%
Article
In November, auto sales in Sweden saw plugin electric vehicles (EVs) account for 61.7% of the market share, slightly up from the previous year. Battery electric vehicle (BEV) share decreased year-on-year, while plugin hybrid electric vehicle (PHEV) share increased. Despite a 2% decrease in overall auto volume, PHEVs helped maintain modest year-on-year growth in the plugin market. Models with all-electric ranges of 50+ miles are becoming more popular, with PHEVs like the Volvo XC60 and S/V60 leading the way with large batteries and long electric ranges.
Diesel-only vehicles continue to lose market share in Sweden, with only 5.2% share in November and a 27% drop in sales volume compared to the previous year. The best-selling BEV model in November was the Tesla Model Y, followed by the Volvo EX30 and the Skoda Enyaq. The Volkswagen ID.7, Porsche Macan, and Audi Q6 e-tron saw fluctuations in sales volume, with some new models entering the top 20 rankings. Despite some new BEV models debuting, no significant changes were noted in November.
Looking at the 3-month rankings, the Tesla Model Y continues to lead by a large margin, while other models like the Volkswagen ID.7 and Polestar 4 have seen increased sales. The Swedish economy has shown signs of improvement, with GDP up 0.7% year-on-year, lower interest rates, and positive consumer confidence and manufacturing PMI. Despite some challenges, there is optimism that BEV sales in Sweden may improve in the coming months.
As legacy auto manufacturers lobby for loosening emissions regulations, the future of EV sales in Sweden remains uncertain. Consumer caution in large-item spending and the relatively high cost of BEVs compared to traditional vehicles are factors to consider. However, with positive economic indicators and growing interest in long-range PHEVs, there is hope for continued growth in the EV market. Share your thoughts on Sweden’s transition to EVs and the outlook for 2025 in the comments section.
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