PHEV sales have progressed in 2019, but at a slower pace than with BEVs. 82% growth is still very respectable and it shows us some interesting elements : Out of the 26 different PHEVs available on the market, 21 are from Premium brand and just 5 are non-premium models, 2 of which (Kia Niro and Mitsubishi Outlander) are actually leading by far and representing almost 50% of total sales thanks to their popular SUV shape and more “affordable” price point.
More interesting is the fact that if new PHEV sales are lagging behind BEV sales, the used import market shows us a very opposite reaction : The PHEV market almost doubled in 2019 to 2424 units, way more than the 642 BEVs that crossed the Irish sea last year. This is explained by the fact that PHEVs had a lot of incentives in the UK, resulting in high sales there. This has become a good source of used vehicles for us to tap into and this trend should pursue into 2020, with the VRT rebates still making these PHEVs even more interesting to import compared to similar diesels, as these will now be hit by the new Nox tax.