Abstract:

Following a dip in August, new car registrations increased again in September to a level of 1.3 million. Year-to-date (YTD) registration numbers are still about one-third lower than in 2019. The market-wide share of electric vehicles increased to 12% in September and 9% YTD. Daimler had the highest share of plug-in hybrid electric vehicles, with 22% in September, followed by Kia (20%) and FCA-Tesla (19%). Until recently, Volvo was expected to over-comply with its 2020 target CO2 value (109 g/km), thanks to its relatively heavy vehicle fleet and high plug-in hybrid electric vehicle share.