January 2018 plug-in vehicle sales were significantly down, which is normal for January. There were two exceptions: The Nissan Leaf and the Tesla Model 3.
In a repeat of last couple of month’s posts, the chart shown below, shows my Volt and Bolt EV sales by month, over the last four-plus years. I sold three plug-in vehicles in January 2018, which is WAY outside norms. Usually, January sales are slow because everyone is focused on getting the Federal Income Tax Credit in November and December of the previous year. Before this year, I’d only sold one Volt in January and one in February, and that was only for the year 2017. Before that, I’d never sold a plug-in in either month! That red bar in January, in the chart below shows how different January 2018 was for me (in plug-ins, anyway…)In total vehicle sales, January 2018 was typical. I sold 4 units. In January 2015 and 2017, I sold 4 vehicles. In January 2016, my vehicle sales totaled 10, of many different types. Traffic was terrible that January, but sales were good.
The Bolt EV, in just seven months has become my 3rd highest volume vehicle, surpassing the Corvette. In the chart below, you can see that, in the six months they were available in Texas, my Bolt EV sales totaled 37 units. My best year, in Silverados (2015), was 25 units and my best Volt year (2016, when the 2nd generation first became available) was 27 units
In the chart below, the January downturn in plug-in sales is obvious. The Leaf (light blue line) barely budged upward and the Model 3 (dark purple line that starts in July 2017) jumped up significantly.Once again, I am going to point out the beginning of the adoption curves. The curve taking off the fastest continues to be the Chevy Bolt EV. Last month, its adoption curve has started to turn downward, toward the rest of the pack, but almost every other adoption curve did the same. It will be interesting to see how the new Leaf, i3 and Honda Clarity compete this year. The foremost dark purple line is the Tesla Model 3. January sales helped its adoption start to look like the Bolt EV. Those two models have been seen as major competitors, so the coming year should be interesting to watch.Here are the January 2018 sales figures, compared to the previous month:
- Chevy Volt: DOWN 63% (713 vs. 1,937)
- Chevy Bolt EV: DOWN 64% (1,177 vs. 3,227)
- Nissan Leaf: UP 47% (150 vs. 102) **new model announced
- Plug-in Toyota Prius: DOWN 38% (1,496 vs. 2,420)
- Tesla Model S: DOWN 84% (800 vs. 4,975) **estimated
- Tesla Model X: DOWN 79% (700 vs. 3,300) **estimated
- BMW i3: DOWN 43% (382 vs. 672) **new model announced
- Ford Fusion Energi: DOWN 27% (640 vs. 875)
- Ford C-Max Energy: DOWN 46% (234 vs. 436) **end of model announced
- Tesla Model 3: UP 77% (1,875 vs. 1,060)
In January, the average price of gasoline rose from $2.47 per gallon, at the start of the month, to $2.59 at month’s end. Gasoline started out around $2.47 per gallon and remained about the same through the ninth. After that it rose steadily, to $2.55 on the 17th. After a minor dip, over four days, it then rose to the end of the month.My four January 2018 sales were comprised of two Bolt EVs, one Volt, and one Malibu.
Plug-in sales, compared to the same month a year ago, were mostly down, with only two models showing an increase and both were new or revamped models: Bolt EV and the Prius Prime.
- Chevy Volt: DOWN 56% (713 vs. 1,611) **Bolt EV effect?
- Chevy Bolt EV: UP 1% (1,177 vs. 1,162)
- Nissan Leaf: DOWN 81% (150 vs. 772) **new model announced
- Plug-in Toyota Prius: DOWN 8% (1,496 vs. 1,641)
- Tesla Model S: DOWN 11% (800 vs. 900)
- Tesla Model X: DOWN 7% (700 vs. 750)
- BMW i3: UNCHANGED (382 vs. 382)
- Ford Fusion Energi: UP 6% (640 vs. 606)
- Ford C-Max Energi: DOWN 51% (234 vs. 473)
- Tesla Model 3: (was not available in December 2016)