Aug 28, 2018

Europe has over 1 million electric cars

An electric car being charged in Germany. Photo: Janine Schmitz/Photothek via Getty Images

Europe's electric vehicle fleet now totals over one million vehicles on the strength of sales in the first half of 2018 that are 42% above last year's levels for the period, according to the data tracking firm EV Volumes.

Why it matters: The figure, which includes battery EVs and plug-in hybrids, is a symbolic milestone that nonetheless signals the rapid growth of the technology, albeit from a very small base.

  • EVs are now 2.2% of the European market, they said.

The big picture: Via The Guardian, "Europe hit the [1 million] milestone nearly a year after China, which has a much larger car market, but ahead of the US, which is expected to reach the landmark later this year driven by the appetite for Tesla’s latest model."

  • Sales in the first half of the year totaled 195,000 vehicles, according to EV Volumes.

The intrigue: They expect the continent's fleet to reach 1.35 million by year's end, but also warned that a "caveat" for high growth during the second half of the year is availability of supply.

  • "Our tracking of plug-in vehicle inventory shows an average of only 4 days of supply on stock and 2 months of order back-log," their report notes.
  • "Models with more than 10, 000 unfulfilled orders, each, are Hyundai Kona, VW e-Golf, Jaguar i-Pace and Nissan Leaf and obviously the Tesla Model 3, all of them BEVs."

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The novel coronavirus has now killed more than 2,000 people for the second day in a row, and it's infected more than 432,000 others, per Johns Hopkins data.

Where it stands: More than 14,800 people have died of COVID-19 in the U.S. — including over 4,500 in New York. The state's death toll surged to its highest one-day total on Wednesday — beating the previous day's record. 779 people died in New York in 24 hours. N.Y. has reported more cases than the most-affected countries in Europe.

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Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 3 a.m. ET: 1,484,811 — Total deaths: 88,538 — Total recoveries: 329,876Map.
  2. U.S.: Total confirmed cases as of 3 a.m. ET: 432,132 — Total deaths: 14,817 — Total recoveries: 23,906Map.
  3. Federal government latest: Top Trump administration officials had been developing a plan to give cloth masks to huge numbers of Americans, but the idea lost traction amid heavy internal skepticism.
  4. States latest: New York has reported more cases than the most-affected countries in Europe. Chicago's Cook County jail is largest-known source of coronavirus in U.S.
  5. Business: One-third of U.S. jobs are at risk of disappearing, mostly affecting low-income workers.
  6. World: WHO Director-General Tedros Adhanom Ghebreyesus urged countries to put politics aside "if you don’t want to have many more body bags.”
  7. Environment: COVID-19 is underscoring the connection between air pollution and dire outcomes from respiratory diseases.
  8. Tech: A new report recommends stimulus spending to help close the digital divide revealed by social distancing.
  9. What should I do? Pets, moving and personal healthAnswers about the virus from Axios expertsWhat to know about social distancingQ&A: Minimizing your coronavirus risk.
  10. Other resources: CDC on how to avoid the virus, what to do if you get it.

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