JATO: Volkswagen ID.4 was the first SUV to reach the top of the European BEV rankings in April
New registrations of cars in Europe increased by 261% (with 1,029,008 units) in April 2021 compared to April 2020, but still far from pre-pandemic levels – by 23% compared to April 2019, according to JATO Dynamics figures. According to JATO data For 26 markets across the region, April 2021 saw the lowest total volume in 20 years – with the exception of April 2020 when the pandemic peaked.
Although the total in April increased by 23% since the start of the year compared to 2020, the total from January to April 2021 was 25% lower than in 2019 and the second lowest since 2001.
While lockdown restrictions and the impact of the pandemic may seem at the root of the problem, the shift towards electric vehicles is also having a knock-on effect. Since these vehicles are more expensive, fewer units are traded compared to conventional ICE models.
—Felipe Munoz, global analyst at JATO Dynamics
Despite the overall negative trend, low-emission vehicles achieved record results in April 2021, with registrations accounting for 15% of the market compared to 11% a year ago. The demand for all-electric models rose by 338% to 71,500 units, the plug-in hybrid registrations recorded a volume growth of 507% to 81,000 units.
At the top of the BEV ranking is the recently introduced Volkswagen ID.4, followed by the ID.3 in second place. For the first time since the introduction of purely electric vehicles, an SUV topped the BEV ranking.
As expected, the next phase of EV growth will come from SUVs. The Volkswagen ID.4 at the top is just the beginning of the electric SUV trend, and we expect new models to hit the market as consumer demand increases.
The contribution of ID.4 as well as strong results from other BEVs helped the Volkswagen Group to capture 34% of the European BEV market in April. The German OEM performed better in the BEV market than in the overall market with a market share of almost 27%.
Notably, BEVs offset the losses in Volkswagen’s traditional internal combustion engines, JATO said. For example, the Volkswagen Golf was the third largest model in the overall ranking, as its volume fell by 49% between April 2019 and April 2021. In April 2018, the Golf accounted for 2.93% of all new car registrations, compared to just 1.73% last month.