BMW saw plug-in hybrid sales collapse in Netherlands
“Plug-in hybrid sales has seen a drastic collapse in the Netherlands after government abolished subsidies”, BMW CEO Harold Krüger told the Frankfurter Allgemeine on Monday. A BMW spokesman in the Netherlands confirms: a fall back of 90%.
From 3.556 to 150 cars
Models concerned are the 330e, 225xe and 740e. “In 2016 we sold 3.556 cars of this type, this year it are merely 150.”, the BMW spokesman says. Subsidies for Dutch entrepreneurs and leasing car drivers was abolished by January 1st 2017. According to BMW all car manufacturers suffer terribly in selling plug-in hybrids since then.
Extremely good year
The dramatic collapse is partly due to 2016 being an extremely good year for PHEV (Plug-in Hybrid Electric Vehicles) sales, the spokesman says. At that time one out of five cars sold by BMW Netherlands was a plug-in hybrid, while PHEV’s only make out 5% of the total market.
Transition to electric car
According to the German car maker the transition to the electric car can be endangered if subsidies are stopped to soon, like in the Netherlands. BMW gets most from tax benefits for hybrid vehicles in Germany. “The Netherlands are taking away subsidies, when other countries are just starting to give benefits”, the spokesman says.
“We still see PHEV’s as an important bridging technology to full electric cars and we are talking with the Ministry of Transport and Public Works to have incentives in the future”, BMW Netherlands says. For fully electric cars, like the BMW i3, the tax benefits still exist in the Netherlands and sales has increased significantly accordingly.