May plug-in sales flat: Tesla, Chevy, Ford on top

Model S Leaf Volt

US plug-in sales slowed a tad in May, ending a six-month streak of consecutive monthly records. 11,423 EVs and PHEVs changed hands, just short of the 11,540 that moved in May 2015.

The Chevy Volt held onto its lead for the month, as sales of 1,901 units bested the May 2015 figure of 1,618. The new and improved 2017 Volt is now on sale nationwide, and seems to be a hit.

Tesla took the title of top plug-in automaker this month, as Model X moved 1,600 units and Model S shifted 1,200 (according to InsideEVs estimates). Pundits are still pontificating over whether the company will be able to meet the daunting demand for Model 3, but there were a couple of encouraging signs this month: the company outlined a plan for ramping up production, and raised a chunk of the cash that will be required in a new stock offering. Investors snapped up the $1.7 billion in new shares, and TSLA stock inched higher on the news.

Ford’s Fusion Energi is on a major roll. It sold 1,453 units in May, the third month in a row that sales have been well over a thousand. Its hatchback cousin, the C-MAX Energi, sold a respectable 538, and its unloved stepsister, the Focus Electric, sold a paltry 54.

The LEAF remains in a slump – it sold 979 in May, less than half the May 2015 figure. Something more than Nissan’s recent modest ad campaign will be required for this iconic EV to get back onto the lead lap.

The BMW i3 continued its resurgence, selling a respectable 696 units in May. BMW’s X5 xDrive40e plug-in SUV (on the cover of the last issue of Charged) also seems pretty strong – 500 moved in May.

 

Source: InsideEVs