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Iceland: Plug-Ins Capture 63% Of Car Market In September 2020

Iceland: Plug-Ins Capture 63% Of Car Market In September 2020

Iceland enjoys booming plug-in electric car sales, which in September increased by 44% year-over-year to 705 new registrations.

That’s 63% of the overall market! Moreover, all-electric cars were responsible for 45% of the new passenger car registrations!

The total plug-in car registrations after nine months are 3,170, while the market share is 43% (24% for BEVs). It makes Iceland the second most plug-in friendly market globally, after Norway, where the market share is 71% YTD (81.6% in September).

The top-selling model in the country is the Tesla Model 3, with 289 units last month and 742 YTD. Tesla as a brand also holds 25% of the plug-in market.

2021 Toyota RAV4 Prime

Toyota RAV4 Prime

Volkswagen ID.3 (2020) in the test

Volkswagen ID.3

Interesting news is that the second-best in September was the all-new Volkswagen ID.3 with 42 registrations, followed by the also new plug-in hybrid Toyota RAV4 Prime.

Taking into consideration that the conventional hybrid RAV4 is the second best selling model so far this year (416) – between the Model 3 and the Mitsubishi Outlander PHEV (381) – the plug-in hybrid RAV4 might be a serious contender.

Top 10 for the year:

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READ MORE: https://insideevs.com/news/450509/iceland-plugins-sales-september-2020/?utm_source=RSS&utm_medium=referral&utm_campaign=RSS-all-news

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