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EV market is growing steadily; E-tyres are becoming increasingly important

German EV production record: Every fifth car produced in Germany is an EV!

With Germany being the powerhouse of the European motor industry, manufacturing every third car in the region, or twice the volume of the next largest market, Spain, latest VDA data and Schmidt Automotive research can reveal that for the first time one-fifth of those German manufactured cars came fitted with a plug.

During March, 74,000 of the 373,900 passenger cars manufactured were xEVs, meaning they were capable of recharging using an external cable.

The proportion of combined BEV (battery electric vehicles) and PHEVs (plug-in hybrid vehicles) remained in a mix corridor of total production of between 15-20 per cent for the fifth consecutive month, whilst recording the highest xEV volumes on record in March itself.

The first quarter combined total (176,600) was down on the final quarter of last year (181,400) due to seasonal effects related to the Christmas holiday shutdown period, among other reasons.

In a typical year, between 5-6 million passenger cars leave German production facilities.

With Tesla volumes now expected to be added to the equation by the end of the year and Volkswagen increasing production at its all-electric multi-brand Zwicaku production plant as the year progresses it is expected the 2021 volume to just fall short of 1 million units.

Last year 428,000 xEVs were manufactured in Germany according to VDA data.

Alongside Tesla’s delayed production ramp-up, domestic manufacturers’ are expected to increase production of both PHEV and BEVs to meet EU fleet average CO2 compliance limits.

The above figures, as well as the sales numbers of electric vehicles in our region, give a clear and strong signal that the market for E-Tyres, tires specially developed for electric cars, is also experiencing steady growth. And therefore will take an increasingly important place in the range.

 

(source: Schmidt Automotive)