New Zealand has gotten the electrical automotive fever, and August confirmed that greater than ever earlier than. Final month, 23% of recent auto gross sales have been gross sales of totally electrical automobiles. (Including in hybrids would carry the full share of “inexperienced(er)” autos to 44%.)
Curiously, the electrical car market was dominated by two manufacturers. Tesla and BYD accounted for 70% of the pure EV market. Taking that collectively, as you may think about, Tesla and BYD had sizable shares of the general auto market in August. Tesla accounted for 12% of the market whereas BYD accounted for 4%.
General, 10,940 new autos have been offered in New Zealand in August, 2,577 of which have been full electrics, 1,326 of which have been Teslas, and 448 of which have been BYD Atto 3s.
It might be a small market, however the EV revolution is clearly effectively underway in New Zealand.
Additionally, not like the European or US auto market, the place total gross sales have been shrinking, New Zealand’s market simply jumped to file ranges. So, one can’t say that the excessive EV market share is generally as a result of provide chain points, lack of provide, and thus low total gross sales.
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