A year ago plug-in electric vehicle sales were pretty bleak, with October of 2015 showing the 6th consecutive monthly pullback.
See link for excellent chart..
http://insideevs.com/october-2016-plug-in-electric-vehicle-sales-report-card/
Now a year later those old results seem far in the past, as this month’s result – while not the huge gains we have been used to, still marks a full year’s worth* of gains. In October, an estimated 10,832 plug-in vehicles were sold, which was up 9% compared to a year ago, as the wider market struggled with dealing with lower normal result from some market leaders.
An a adjusted basis, EV sales were up 17.5% in October, as there was just 26 selling days in October 2016, as compared to October 2015
Last month in September, a record ~16,794 plug-ins were sold (full details), a 67% increase over a year ago (10,134), and well higher than the previous record month, set in June of this year (15,063).
Overall for 2016 a total of about 120,500 plug-ins have been sold, against ~92,330 sold in the first 10 month of 2015 – good for a gain of ~31%. Unlike in the previous months few month, Tesla did not lead the charge, as the start of a new quarter and an assembly changeover to allow for new fully self-driving hardware to be included on all new production, put deliveries on the back-burner.
One should note this was not an “unexpected event” for Tesla, but one likely planned many, many months ago…meaning that the delivery estimate for “over 25,000” EVs globally in Q4 made last week still applies.
Read Article