Abstract:

European new car registrations were 8% lower in October 2020 than one year ago.Year-to-date (YTD) registration numbers for 2020 are catching up but are still about 28% lower than in 2019. The market-wide share of electric vehicles increased to 13% in October and remained at 9% YTD. The electric vehicle share for Daimler has recently shown a strong increase, going from 10% in May to 29% in October 2020. Two-thirds of the electric vehicles sold by Daimler in October were plug-in hybrid electric vehicles,and one-third were full battery electric vehicles, the latter mostly sold under the ‘smart’ brand of Daimler.