Netherlands Nears 50% EV Share by September 2023

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【Summary】In the Netherlands, plug-in electric cars are growing in popularity, with their market share reaching nearly 50% of new car sales. Last month, 13,916 new plug-in cars were registered, a 55% increase compared to the previous year. The overall market expanded by 17%, enabling plug-ins to increase their market share to 47%. The all-electric car market share was 34%, five times higher than in the United States.

FutureCar Staff Oct 16, 2023 6:16 AM PT

Netherlands Nears 50% EV Share by September 2023

Plug-in electric cars in the Netherlands continue to dominate the market, with their market share reaching nearly half of all new car sales. Last month, 13,916 new plug-in cars were registered, which is a significant increase of 55 percent compared to the previous year. In contrast, the overall market expanded at a slower pace, growing by 17 percent year-over-year to a total of 29,855 new car registrations. This surge in plug-in car registrations has led to an increase in their market share from 35 percent to an impressive 47 percent. It is anticipated that the share of plug-in cars may reach 50 percent later this year.

Within the plug-in car segment, all-electric cars accounted for 34 percent of the market last month, with approximately 10,000 units registered. This market share is about five times higher than that of the United States. The breakdown of plug-in car registrations for the month shows that battery electric vehicles (BEVs) comprised around 10,000 units, representing a 34 percent market share, while plug-in hybrid electric vehicles (PHEVs) accounted for approximately 3,900 units, with a 13 percent market share.

Looking at the year-to-date figures, the Netherlands has seen a total of 121,000 new plug-in electric car registrations, which make up about 43 percent of the total market. BEVs have accounted for around 82,200 units, with a 29 percent market share, while PHEVs have reached approximately 39,700 units, representing a 14 percent market share. These figures demonstrate a significant increase of 70 percent in plug-in car registrations compared to the same period last year.

In terms of specific models, the Tesla Model Y continues to dominate the market, with 1,784 units registered in September. This model holds a substantial lead over other models, with the second-best-selling car, the non-rechargeable Volkswagen Polo, only achieving half of Tesla's sales. Other top-selling BEVs include the Volvo XC40 Recharge (673 units), Kia Niro EV (603 units), and Peugeot e-208 (523 units). Interestingly, the Volkswagen ID.4 ranked 10th in terms of sales volume, with 272 units sold, significantly trailing behind its cousin, the Skoda Enyaq iV, which sold 450 units.

When considering the cumulative sales for the year, the Tesla Model Y remains in the lead with over 10,000 units sold. The Volvo XC40 follows with registrations exceeding 5,900 units, although this figure includes both all-electric and plug-in hybrid variants.

Examining the market share of plug-in car brands, Tesla holds the top position with an 11.3 percent share, followed by BMW (8.4 percent), Volvo (8.3 percent), Peugeot (7.1 percent), and Volkswagen (6.7 percent). Among automotive groups, Stellantis leads with a 16.4 percent share, followed by the Volkswagen Group (15.4 percent), Geely-Volvo (including Lynk & Co and Polestar) at 14.4 percent, Tesla (11.3 percent), and Hyundai-Kia (11.1 percent).