Sweden’s January Auto Gross sales Overview: Plugin EVs Preserve Sturdy Market Share
As of seventh February 2025, the auto gross sales knowledge for January reveals that plugin electrical autos (EVs) captured a 51.6% market share in Sweden, marking a slight lower from 52.5% in January 2024. The share of battery electrical autos (BEVs) marginally elevated year-over-year, whereas plugin hybrids (PHEVs) noticed a slight decline. Complete auto gross sales reached 19,632 models, reflecting a 14% improve in comparison with the earlier yr. The Volkswagen ID.7 emerged because the best-selling BEV throughout this era.
Intimately, January’s auto gross sales featured plugin EVs at a 51.6% share, comprising 28.8% BEVs and 22.7% PHEVs. It is a small shift from the earlier yr’s figures, which recorded a mixed share of 52.5%, with BEVs at 28.6% and PHEVs at 23.8%.
An uncommon development available in the market this January was a big spike in “different fuels” autos, totaling 1,678 models—over 5 occasions their traditional month-to-month common. These autos are categorized as “different” primarily as a result of they will function on ethanol, regardless of typically working on gasoline. The uptick of their numbers seems to be a response to a regulatory change efficient February 1st, imposing heavier taxes on them because of their typical gasoline use. This new measure is anticipated to lead to a extreme decline for this class within the following months.
Then again, plugless hybrids (HEV and MHEVs) noticed their quantity rise by 67% in comparison with the earlier yr, marking their highest month-to-month numbers since 2020. These hybrids function a short lived resolution for conventional automakers striving to adjust to stricter emissions laws. Consequently, gross sales of ICE-only autos dipped to near-record lows, though the mixed figures of HEVs and ICE-only automobiles nonetheless grew by 4.5%, falling wanting the general market’s progress fee.
Concerning plugin autos, regardless of a slight lower in market share, gross sales volumes improved from 9,006 models to 10,124 models. The share decline is attributed to elevated competitors from the ethanol car sector.
With stricter emissions laws in place throughout Europe for 2025, an upward development in BEV gross sales is anticipated in Sweden and different areas all year long.
Finest Promoting BEVs in January
The Volkswagen ID.7 led the Swedish BEV market in January with 588 models offered, adopted by the Volkswagen ID.4 at 396 models, and the Tesla Mannequin Y, which recorded 290 models.
The Kia EV3 and Cupra Tavascan exhibited notable progress, with the Kia EV3 reaching seventh place since its debut in November. The Cupra Tavascan, which has been incrementally rising its volumes since its August launch, reached 170 models, inserting it in eleventh spot. The Tavascan’s SUV format has resonated effectively with Swedish customers, overshadowing its sibling, the Cupra Born, which is now not within the high 20.
January additionally witnessed the introduction of the Opel Grandland X, which garnered 29 models offered, and the Renault 5, which launched with 11 models. The Audi A6 e-tron, launched in December, climbed to 36 models in January.
Three-Month Perspective
The dominance of the Tesla Mannequin Y in Sweden stays robust, and the refreshed mannequin is anticipated to begin deliveries in March. The Kia EV3 famous a formidable rise to twelfth place, displaying important progress from only one unit delivered three months prior. The Cupra Tavascan can be set to proceed climbing the gross sales ranks.
Market Outlook
Whereas the auto market’s 14% progress indicators a constructive development for the Swedish economic system, roughly half of this progress is as a result of one-time spike brought on by ethanol autos. In distinction, Sweden’s broader GDP has proven a rise of 1.1% year-over-year, with inflation presently at 1% and decrease rates of interest facilitating new automobile financing.
The tightening emissions guidelines throughout Europe are projected to positively impression BEV gross sales all year long, notably within the latter half and through the last quarter.
What are your ideas on the Swedish auto market and the transition to electrical autos? Which fashions do you anticipate performing effectively this yr? Share your insights within the feedback.
