2022 ended marking a major transition in the way we buy private cars. It was the year of electrified vehicles.
For the full year, we bought 4,226 Tesla Model Ys and 2,781 Tesla Model 3s. The Chinese BYD Atto sold 1,685 units rounding out the top three sellers in the fully electric segment.
For PHEVs (plug-in hybrid electric vehicles), the top sellers were the Mitsubishi Eclipse Cross (2,705 units) following by its bigger sibling the Outlander (2,243 units) with the Chinese MG HS in third (647 units).
The top selling hybrid models for year were the Toyota RAV4 (3,841 units) followed by the Honda Jazz (1,893 units) and Toyota Corolla (1,640 units).
These NEVs (new energy vehicles) drove a record year for new passenger cars and SUVs, rising a remarkable +77% over 2021.
And the pace quickened in December. Full battery electric vehicle registrations were up +80% in December from the same month a year ago, and plug-in hybrid electric registrations rose +101% on the same basis. Overall, electric and hybrid vehicles accounted for 46% of registrations in December. Diesel and petrol car registrations continue to decline, falling -18% and -36% respectively from December 2021.
The net result is that we purchased 116,445 new cars in 2022, an all-time record high. Things weren't so positive for used imports however. They sold 110,771 passenger units in 2022, down -9.1%, with a faster declining trend as the year progressed.
The new-car industry is less certain its 2022 pace can be maintained. David Crawford of the Motor Industry Association said the outlook for 2023 is for a somewhat softer outcome, with businesses and private buyers tightening their belts.
But one thing is for certain, we are only months away from where NEV sales outpace ICE passenger vehicles. It is a transition happening far faster than anyone foresaw - even six months ago.
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