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UK ZEV mandate could lead to fines worth 2.4 billion pounds in 2024
The UK has confirmed their ZEV mandate with a mandatory BEV share of 22% in 2024. A calculation based on new registrations in the last 12 months leads to potential fines of 2.4 billion GPB (2.8 billion EUR) over all manufacturers, and this with a BEV share being already at 18%. To avoid these fines, manufacturers will need to convince more private buyers to opt for electric. The ZEV mandate in a nutshell Each OEM will have to reach a minimum share of 22% Battery Electric Vehicles (BEVs) or other emission-free vehicles (FCEVs) in their sales mix. The share increases stepwise to 80% in 2030. Vice versa, this means that…
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Dataforce launches European HCV market data
With European market data on heavy trucks and busses, Dataforce is completing its portfolio of commercial vehicles data. The Heavy Commercial Vehicles Market comprises of around 300,000 registration every year, making it a total of 20% of the commercial vehicle market, but a much higher part in market revenue, due to higher price / unit. Key facts of the Heavy Commercial Vehicle market After difficult years in 2020 and 2021, the market has rebounded in 2022. With ongoing supply issue across the globe, there is a dire need for heavy vehicles for transportation and support with construction and agriculture. In the first half of 2023, we see a further…
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Not small anymore, MG pushing into the Top 20 of brands in 2023
The automotive landscape in Europe is witnessing a remarkable shift as Chinese brands make their presence felt with impressive market growth. Leading the pack is MG, whose market share has doubled to a commanding 1.6% in the first half of the year. When including original equipment manufacturers (OEMs) associated with Chinese owners, such as Volvo, the combined market share of Chinese brands reaches a staggering 5%. The dominance of plug-in vehicles is evident. The Definition of "Chinese": An Evolving Perspective in the European Automotive Market Delving into the introduction of Chinese brands in Europe requires a broader understanding of what "Chinese" truly signifies. Volvo, once a quintessential Swedish brand, has…
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Dataforce Leasing Study EU-5: Market grows while customer satisfaction declines
The European passenger car market is in disruption. By 2028, almost every second new car will be fully electric. The classic purchase of a car in cash or on credit is being displaced by new mobility models. But how many new cars are actually being leased, rented or subscribed presently and in the future? What are the main factors for customers to decide on a financing model and how satisfied are they with their choice and the individual offers of their financing and mobility provider? Dataforce investigated these and other questions in the "Leasing/Long-Term Rental Study 2023". The study covers the 5 major European markets, (Germany, France, Italy, Spain &…
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BEVs – Will electric vehicles be able to establish themselves in the market over the long term
The electrification of mobility is a current and important topic in society. There is much discussion about whether electric vehicles will become established on the market in the long term and how manufacturers will respond. To understand the significance of electric vehicles better, Dataforce compares the historical data of internal combustion engines (ICEs) as an established basis with the electric alternatives BEVs (pure electric vehicles) and PHEVs (plug-in hybrids) and provides a forecast for the future. To this end, Dataforce’s vehicle lifecycle calendar provides useful analysis of manufacturers following major events such as new launches, model changes, facelifts or end of production. From combustion dominance via PHEVs to BEVs in…
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The European LCV market is growing
Compared to Passenger Cars, the Light Commercial Vehicle market sometimes seems to be less important. In terms of pure sales volume, this segment is of course significantly smaller than the Passenger Car business. New model releases are also comparatively rare, and the electrification of LCVs is still at the beginning. Nevertheless, Dataforce has taken a closer look at this segment of the market as there are interesting findings to be discovered. France and UK are the biggest markets by far Let’s start our analysis with the size of the European market. Within the big twelve countries, there are huge differences in new registrations volumes of LCV up to 7t. With…
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Customer Loyalty: The new key figure for success
The German car market is saturated and will even shrink in the next few years due to factors such as demographic change. The success of a brand is therefore increasingly determined by loyalty and conquest. In order to effectively counteract churn and achieve conquests, it is essential to recognise trends and interrelationships as well as to segment the buyer structure according to age, purchase modality and gender. Dwindling loyalty is a particular challenge, leading to marketing and product level needing to become more targeted. The reality right now is every second person changes brands when buying a car. For the purpose of this press release Dataforce choose 3 brands to…
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Plug-in hybrids as company cars: (Where) is the part-time electric car still paying off?
In the past, plug-in hybrids enjoyed purchase grants and significant tax advantages over pure internal combustion cars, which made them particularly interesting for companies. But in the meantime, the incentives have changed in many European countries. Dataforce has taken a closer look at the respective conditions and found out in which countries plug-in hybrids are (still) paying off. Taxation must not be complicated In addition to tax benefits and grants on initial registrations, the Dataforce Car Taxation Guide provides an accurate but easy to understand overview of all applicable car taxes in 11 countries. It also includes precise calculations of the cost advantages and disadvantages between petrol cars, plug-in hybrids…
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Blockade of the combustion engine phase-out in 2035: Is the e-fuel discussion even necessary?
The ban on the sale of new combustion vehicles in the EU in 2035 is currently being opposed by Germany and especially by the liberal party FDP. The subject of the discussion are the so-called e-fuels, with which combustion engines are to be operated emission-free in the future. The question now arises how relevant e-fuels actually are, and whether a mountain is being made out of a molehill in the debate, which shouldn’t even be held. Dataforce has taken a look at the manufacturers‘ plannings and made a clear discovery. Pure combustion engines hardly play a role for manufacturers any more For the Vehicle Lifecycle Calendar, Dataforce collects monthly data…
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Which country has the highest incentives for electric cars in 2023?
Electromobility is becoming the focus of attention in the automotive market. Even though disadvantages such as limited ranges are slowly being overcome, they are still more expensive than internal combustion engine cars. Government subsidies are supposed to compensate for this. But how big are the subsidies in Europe? Dataforce investigated this question in the Car Taxation Guide. A comparison between 6 countries from the perspective of private buyers can be found in this article. Netherlands provides the highest level of incentives, followed by France and Germany To calculate the incentives, Dataforce examined and compared the incentives in the countries. To quantify the individual rulesets, a compact SUV was taken as…
