
In recently released report, analysts at German-based Dataforce believe that although “high electricity prices and fewer incentives to buy will make electric mobility less attractive next year,” good reasons support an expanding BEV market in 2023.
In recently released report, analysts at German-based Dataforce believe that although “high electricity prices and fewer incentives to buy will make electric mobility less attractive next year,” good reasons support an expanding BEV market in 2023.
While the fleet market gave Germany’s passenger car market its first positive result since February, other market segments developed more cautiously.
Noting that the plans of vehicle manufacturers are an important indicator, the Dataforce study reported “almost all brands have already publicly communicated plans and indicated time periods from which they want to offer exclusively fully electric vehicles.”
Can the European car market recover in 2022? How will electrification continue, and which trends will determine market dynamics? In this report from Dataforce, several experts weigh in on the new year's prospects.
The Covid-19 pandemic and semiconductor shortage have disrupted the trend towards self-registrations in Europe. The Dataforce analysis of market channels in new registrations figures explains the pre-crisis trend and the changes in the last two years, along with the differences between market and brand strategies.
With the increased amount of packages and groceries being delivered to European homes, the need for clean commercial vehicles is increasing. Also, the fact that a lot of cities must improve inner city emissions to comply with emission regulations is adding to the pressure.
Dealership closures have painfully impacted new car registrations in April 2020, but with the pandemic now lasting for a full year, new options such as click & collect have been established. This reduced the losses in the 2nd and 3rd lockdowns. However, adoption strongly depends on the sales channels. Many private customers are still not comfortable buying their cars online.
United Kingdom fleet registrations in the commercial vehicle market increased by 20.9% to 17,220 units in February 2020.
The commercial vehicle market for the Czech Republic contracted by 7% with 1,168 units sold in January.
The top ranked commercial vehicle brands in Norway are Toyota, Volkswagen, and Ford.
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