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EV and PHV account for a record high percentage of new vehicle sales in the April-June period of 2022

Sales ratio increased for 5 consecutive quarters due to the launch of new EVs

ENECHANGE Ltd. (Head Office: Chiyoda-ku, Tokyo; Representative Director & CEO: Yohei Kiguchi; Representative Director & COO: Ippei Arita; hereafter:“the Company) provides the following information on market trends related to the Electric Vehicle (EV) Charging Service. We will enhance information disclosure to our stakeholders by promptly sharing market trends related to our business on a quarterly basis.

Changes in EV and PHV sales

In our EV Charging Service, we consider the sales ratio of EV and Plug-in Hybrid Vehicle (PHV) that use charging facilities as a key indicator of the overall adoption of electric vehicles, as the adoption of EVs is linked with the expansion of EV charging infrastructure.
According to the “Sales of Vehicles by Fuel Source (Passenger Cars)” data published monthly by the Japan Automobile Dealers Association, in Q2 of 2022 (April-June) the percentage of new EV and PHV sales reached a record high of approximately 3.3% of total sales. The year 2022 is said to be the first year of EVs in Japan, and various EVs have been newly launched by automakers. The sales ratio of EVs is expected to continue to increase in the future.

Sales of vehicles  (unit: cars) Apr. 2022 May. 2o22 Jun. 2022 2022 Q2
EV 1,610 1,572 3,379 6,561
PHV 2,269 2,953 3,306 8,528
Total 3,879 4,525 6,685 15,089
EV&PHV sales ratio 2.5% 3.3% 3.9% 3.3%

 

* Prepared by ENECHANGE from Japan Automobile Dealers Association, “Sales of Vehicles by Fuel Source (Passenger Cars).”

About ENECHANGE Ltd.

ENECHANGE is an energy technology company that promotes a carbon-free society through digital technology with the mission of Changing Energy For A Better World. We offer services based on data utilization in the field of the 4Ds of Energy: Deregulation, Digitalization, Decarbonization, and Decentralization. Our company’s roots come from an energy data lab at the University of Cambridge, U.K., a country where liberalization is mature. ENECHANGE has a British subsidiary, SMAP Energy Limited, as well as a global network and analytical technology for energy data.

URL: https://enechange.co.jp/en/

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