Motor Industry Update 20 January 2021

Volkswagen and Renault EV market leaders Image credit: Volkswagen

Volkswagen tripled deliveries of all-electric vehicles in 2020

Volkswagen has been quick to embrace the transition to electric mobility, with CEO of Volkswagen Passenger Cars, Ralf Brandstätter, saying: “2020 was a turning point for Volkswagen and marked a breakthrough in electric mobility.”

VW delivered more electric vehicles worldwide than ever before, selling over 212,000 electric cars in total (+158 percent versus 2019), including nearly 134,000 battery electric vehicles (+197 percent versus 2019).

Brandstätter continued: “We are well on track to achieve our aim of becoming the market leader in battery electric vehicles. More than any other company, we stand for attractive and affordable e- mobility.”

Despite the pandemic, Volkswagen manged to deliver around 5.328 million vehicles across all drive systems to customers around the world, which represented a decline of around 15 percent compared to the previous year. However, in December, the company was only two percent down on the previous December.

Klaus Zellmer, who is the board member responsible for Sales of Volkswagen Passenger Cars, commented: “Volkswagen showed its strengths in 2020. Despite all of the restrictions in automotive trade caused by the pandemic, we were able to maintain our global market share and even expand it in several regions. This shows that we have attractive products that excite our customers and a highly motivated dealership organization.”

Renault is the European leader in electric vehicles

Groupe Renault worldwide sales for 2020 totalled 2,949,849 vehicles, down 21.3 percent in a global automobile market that declined by 14.2 percent due to the pandemic.

After a severely impacted first half of the year, Groupe Renault managed to bounce back in the second half of the year to a degree, showing greater resilience with sales in Europe, particularly on the European electric vehicle market, where the Renault brand doubled its sales and confirmed its leadership with 115,888 electric vehicles sold. The Renault ZOE was the best-selling electric car with 114 percent growth at 100,657 units sold.

‘e-moto’ scooter

Silence ‘e-moto’ scooter – Photo credit: Silence

New ‘e-moto’ Scooter joins UK electric revolution

The innovative electric moto scooter brand Silence, hits the UK streets this month, bringing a stylish, simple and smart solution for modern day urban transport needs.

Changes in consumer behaviour and regulation has seen two-wheel transport increase in Britain and undergo an electric revolution. A mixture of increased congestion, air quality, eco-consciousness and coronavirus fears have contributed to a significant shift in people’s attitudes.

The Silence family of ‘e-moto’ scooters offer low-cost, high-quality and zero-emission urban transport.

John Edwards, one of four founders of Silence UK, said: “The UK transportation market is changing at an unprecedented pace; the launch of the Silence family of class-leading electric moto scooters meets the demands of consumers and companies on so many levels. The Silence brand is cool, the products are even cooler – simple, smart, clean and beautifully designed. We’re excited about bringing Silence to Britain, delivering class-leading products and providing a class-leading ownership experience to a new family of customers.”

Groupe Renault and Plug Power join forces in hydrogen LCV market

Groupe Renault and Plug Power Inc., who are a global leader in fuel cell systems and hydrogen-related services, have launched a joint venture with the goal of becoming the leader in hydrogen fuel cell technology for light commercial vehicles.

The partnership, which is based in France, is to be launched in the middle of 2021, positioning the two companies at the forefront of research and development, transformation, manufacturing and the sale of fuel cell-powered vehicles and hydrogen turn-key solutions. The joint venture will serve the growing market for fuel cell LCVs, taxis and commercial passenger vehicles.

Tesla innovates faster than rivals

Tesla is without a doubt the automaker of the future, with its transformation towards smarter and cleaner mobility. The company has managed to stay ahead of its rivals thanks to its innovation-driven approach and high expenditure on capital. The company is continuing to focus on new product development and product scaling as well as planning to enter emerging markets, such as India.

Tesla was able to reach its target of delivering half a million vehicles in 2020 and managed to increase the production capacity for the Model 3 and Model Y to 500,000 at the Fremont factory in California. Share prices of Tesla rocketed 951 percent from US$95.6 in January 8, 2020 to US$880 in January 8, 2021 with the strengthening of renewable energy stocks. New green energy legislations in the US should help to ensure Tesla stays ahead of its rivals.