Following 2016's record year for plug-in sales, 2017 got off to a modest start in Q1. Plug-in sales fell compared to Q4 2016's record pace, although Q1 2017 was still up 48% compared to Q1 2016. In the world's largest market for plug-in vehicles, China, sales slumped due to uncertainty in the country's subsidy program, although with that uncertainty resolved it should rebound in Q2 2017. Sales of hybrid vehicles reached an all-time high in Q1 2017 with 495,600 units, led in part by the debut of Toyota’s fourth generation Prius. Battery demand fell in Q1 2017, following a similar trend as in 2016, although a total of 5.9 GWh deployed is still higher than all but the two previous quarters. The leading eight automotive OEMs, led by Tesla, accounted for 80% of all battery sales.
These files are available to subscribers of the Lux Research Automotive Battery Tracker service.