Counterpoint: EU EV market grew by 16% in Q2 2022 led by Mercedes

14 October 2022, 03:15:50

Counterpoint: EU EV market grew by 16% in Q2 2022 led by MercedesEurope's passenger EV sales increased by 16% YoY in Q2 2022, according to the latest research from Counterpoint's Global Passenger Electric Vehicle Model Sales Tracker. Battery electric vehicles (BEVs) accounted for 55% of total EV sales during the quarter. Germany, with a 28% share, remained the European EV market leader, followed by France with 16%, and the UK with 14%. Among other European nations, Spain and the Netherlands were the fastest-growing EV markets, nearly doubling their sales on a YoY basis. However, Norway had the highest EV sales penetration (85%) among European countries and also globally.

The top five brands accounted for only 36% of the total EV sales across Europe in Q2 2022. Europe is one of the most competitive EV markets where OEMs must fight hard for relatively small market shares. This ensures that most OEMs have similar market shares with a difference of only a few points.

Leading the pack, Mercedes-Benz accounted for around 9.2% of the total EV sales across Europe during the quarter. Last year, the company announced it would stop the development of internal combustion engines and strengthen its focus on electrification instead. Although the company had the highest number of EV sales across Europe, BEV sales accounted for only 28% of its total EV sales. The company's present portfolio is strong. Its plug-in hybrid electric vehicle (PHEV) models include the GLC-Class, GLE-Class and C-Class, while its top-selling BEV models are the EQA, EQB, and EQE.

BMW, an early adopter of electrification, was the second-best selling EV brand in Europe in Q2 2022. BMW had a 9.1% share of the EV market in Europe during the period. The PHEV segment accounted for 71% of the company’s total EV sales. The BMW X series and the BMW 3 series cars dominated the PHEV segment, while the company’s i-Series models, namely the iX, i4 and i3, were the flagbearers of its BEV segment.

Among European OEMs, Volkswagen was hurt the most from the Russia-Ukraine war. Supply chain disruptions and component shortages reduced the company’s sales by 44% YoY during Q2 2022. Volkswagen, one of the largest auto OEMs, was able to secure just 6.2% of Europe EV sales during the quarter. The company is betting on its ID series cars to dominate the EV market. Presently, 64% of EVs sold by Volkswagen are from the ID series alone.

Among other brands, Tesla's performance fell short of expectations even though its Berlin Gigafactory started production in March 2022. Tesla sales in Europe fell 51% YoY during Q2 2022 mainly due to production halts at its China operations in April and May, stemming from supply issues and restrictions related to the pandemic. A major proportion of Tesla cars sold in Europe is imported from China.Source

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EV Specifications

Complete specifications of EVs, grouped according to their brand and year

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Featured

Specifications of some of the most interesting and anticipated EVs.

2024 BMW i5 M60 xDrive

2024 BMW i5 M60 xDrive

Doors: 4, Seats: 5
Length: 199.2 in / 5060 mm
Width: 74.8 in / 1900 mm
Height: 59.3 in / 1505 mm
Curb weight: 5081.66 lb / 2305 kg
Electric motor #1: 250 kW, 430 Nm, Location: Rear
Electric motor #2: 192 kW, 365 Nm, Location: Front
Battery: 81.2 kWh, Voltage: 400 V

2024 BMW i5 eDrive40

2024 BMW i5 eDrive40

Doors: 4, Seats: 5
Length: 199.2 in / 5060 mm
Width: 74.8 in / 1900 mm
Height: 59.6 in / 1515 mm
Curb weight: 4695.85 lb / 2130 kg
Electric motor: 250 kW, 430 Nm, Location: Rear
Battery: 81.2 kWh, Voltage: 400 V

2023 Tesla Model Y

2023 Tesla Model Y Performance AWD

Doors: 4, Seats: 5 / 7
Length: 187.0 in / 4751 mm
Width: 75.6 in / 1921 mm
Height: 63.9 in / 1624 mm
Curb weight: 4398.22 lb / 1995 kg
Electric motor #1: 235 kW @ 5075 rpm, 420 Nm @ 325 - 4800 rpm, Location: Rear
Electric motor #2: 158 kW @ 8275 rpm, 163 Nm @ 125 - 6375 rpm, Location: Front
Battery: 82.1 kWh, Voltage: 360 V

2023 Tesla Model Y

2023 Tesla Model Y Long Range AWD

Doors: 4, Seats: 5 / 7
Length: 187.0 in / 4751 mm
Width: 75.6 in / 1921 mm
Height: 63.9 in / 1624 mm
Curb weight: 4362.95 lb / 1979 kg
Electric motor #1: 220 kW, Location: Rear
Electric motor #2: 158 kW @ 8275 rpm, 163 Nm @ 125 - 6375 rpm, Location: Front
Battery: 82.1 kWh, Voltage: 360 V

2023 Tesla Model 3

2023 Tesla Model 3 Performance AWD

Doors: 4, Seats: 5
Length: 184.8 in / 4694 mm
Width: 72.8 in / 1849 mm
Height: 56.8 in / 1443 mm
Curb weight: 4047.69 lb / 1836 kg
Electric motor #1: 239 kW, 450 Nm, Location: Rear
Electric motor #2: 158 kW @ 6622 rpm, 240 Nm, Location: Front
Battery: 82.1 kWh, Voltage: 360 V

2023 Tesla Model 3

2023 Tesla Model 3 Long Range AWD

Doors: 4, Seats: 5
Length: 184.8 in / 4694 mm
Width: 72.8 in / 1849 mm
Height: 56.8 in / 1443 mm
Curb weight: 4034.46 lb / 1830 kg
Electric motor #1: 208 kW @ 6700 rpm, 330 Nm @ 325 - 5500 rpm, Location: Rear
Electric motor #2: 158 kW @ 8275 rpm, 163 Nm @ 125 - 6375 rpm, Location: Front
Battery: 82.1 kWh, Voltage: 360 V

2022 Tesla Model 3

2022 Tesla Model 3 Performance AWD

Doors: 4, Seats: 5
Length: 184.8 in / 4694 mm
Width: 72.8 in / 1849 mm
Height: 56.8 in / 1443 mm
Curb weight: 4047.69 lb / 1836 kg
Electric motor #1: 239 kW, 450 Nm, Location: Rear
Electric motor #2: 158 kW @ 6622 rpm, 240 Nm, Location: Front
Battery: 82.1 kWh, Voltage: 360 V

2022 Tesla Model 3

2022 Tesla Model 3 Long Range AWD

Doors: 4, Seats: 5
Length: 184.8 in / 4694 mm
Width: 72.8 in / 1849 mm
Height: 56.8 in / 1443 mm
Curb weight: 4034.46 lb / 1830 kg
Electric motor #1: 208 kW @ 6700 rpm, 330 Nm @ 325 - 5500 rpm, Location: Rear
Electric motor #2: 158 kW @ 8275 rpm, 163 Nm @ 125 - 6375 rpm, Location: Front
Battery: 82.1 kWh, Voltage: 360 V

2023 Tesla Model X

2023 Tesla Model X Plaid

Doors: 4, Seats: 5 / 6 / 7
Length: 199.1 in / 5057 mm
Width: 78.7 in / 1999 mm
Height: 66.1 in / 1680 mm
Curb weight: 5740.84 lb / 2604 kg
Location: Rear
Location: Front
Battery: 99 kWh, Voltage: 400 V

2023 Tesla Model X

2023 Tesla Model X

Doors: 4, Seats: 5 / 6 / 7
Length: 199.1 in / 5057 mm
Width: 78.7 in / 1999 mm
Height: 66.1 in / 1680 mm
Curb weight: 5630.61 lb / 2554 kg
Location: Rear
Location: Front
Battery: 100 kWh, Voltage: 400 V

2023 Tesla Model S

2023 Tesla Model S Plaid

Doors: 4, Seats: 5
Length: 197.7 in / 5021 mm
Width: 77.3 in / 1963 mm
Height: 56.3 in / 1431 mm
Curb weight: 4940.56 lb / 2241 kg
Location: Rear
Location: Front
Battery: 99 kWh, Voltage: 400 V

2023 Tesla Model S

2023 Tesla Model S

Doors: 4, Seats: 5
Length: 197.7 in / 5021 mm
Width: 77.3 in / 1963 mm
Height: 56.3 in / 1431 mm
Curb weight: 4883.24 lb / 2215 kg
Location: Rear
Location: Front
Battery: 100 kWh, Voltage: 400 V

2022 Tesla Model X

2022 Tesla Model X Plaid

Doors: 4, Seats: 5 / 6 / 7
Length: 198.9 in / 5052 mm
Width: 78.7 in / 1999 mm
Height: 66.0 in / 1676 mm
Curb weight: 5740.84 lb / 2604 kg
Location: Rear
Location: Front
Battery: 99 kWh, Voltage: 400 V

2022 Tesla Model X

2022 Tesla Model X

Doors: 4, Seats: 5 / 6 / 7
Length: 198.9 in / 5052 mm
Width: 78.7 in / 1999 mm
Height: 66.0 in / 1676 mm
Curb weight: 5630.61 lb / 2554 kg
Location: Rear
Location: Front
Battery: 100 kWh, Voltage: 400 V

2022 Tesla Model S

2022 Tesla Model S Long Range

Doors: 4, Seats: 5
Length: 196.0 in / 4978 mm
Width: 77.3 in / 1963 mm
Height: 56.3 in / 1431 mm
Curb weight: 4883.24 lb / 2215 kg
Location: Rear
Location: Front
Battery: 100 kWh, Voltage: 400 V

2022 Tesla Model S

2022 Tesla Model S Plaid Tri Motor AWD

Doors: 4, Seats: 5
Length: 196.0 in / 4978 mm
Width: 77.3 in / 1963 mm
Height: 56.3 in / 1431 mm
Curb weight: 4940.56 lb / 2241 kg
Location: Rear
Location: Front
Battery: 99 kWh, Voltage: 400 V

2023 Rivian R1S

2023 Rivian R1S Adventure Dual-Motor Max Pack

Doors: 4, Seats: 7
Length: 200.8 in / 5100 mm
Height: 77.4 in / 1966 mm
Location: Rear
Location: Front

2023 Lexus RZ 450e

2023 Lexus RZ 450e Luxury

Doors: 5, Seats: 5
Length: 189.2 in / 4805 mm
Height: 64.4 in / 1635 mm
Curb weight: 4662.78 lb / 2115 kg
Electric motor #1: 80 kW, 168 Nm, Location: Rear
Electric motor #2: 150 kW, 266 Nm, Location: Front
Battery: 71.4 kWh, Voltage: 355 V