Global PEV sales growth now positive YTD
Global PEV sales went positive on a y/y YTD basis in August as continued strong sales in Europe coincided with easier y/y comparisons in China. In Europe PEV sales are now up 92% y/y YTD and have more than surpassed the levels seen in the whole of 2019, with nearly 611,000 units sold vs 553,000 in 2019. Europe is also the only region where the Tesla Model 3 has any competition for the top-selling vehicle, with the Renault Zoe currently holding that spot. The Model 3 dominates globally however, with 14% of the market so far this year, compared to...