The PSA Group recorded around 120,000 new registrations for electrified models in 2020, one reason it met the European CO2 targets. At the same time, the French company’s total sales slumped 27.8% to 2.51 million cars in the crisis year compared to 2019.
PSA does not specify how sales of electrified models have developed compared to 2019. We can compare the published number of 120,000 new registrations with the figures published yesterday by domestic competitor Renault. The latter doubled its electric car sales in Europe to 115,888 units, while total sales also declined (- 21.3 per cent). However, these are all-electric models. Added to this are a further 30,000 sales of plug-in hybrid and full hybrid vehicles under Renault’s E-TECH designation. PSA is therefore behind Renault in terms of sales of electrified vehicles.
Unlike Renault, PSA met the European CO2 targets in 2020. “Being compliant towards European CO2 targets from Day One is on the basis of our ethical commitment. Before starting the new journey with Stellantis, I’d like to congratulate all of the teams for these achievements,” expressed Carlos Tavares, CEO of Groupe PSA. The French car group is planning a merger with Fiat Chrysler under the name Stellantis. Stallantis probably wants to fall back on three electric car platforms, as emerged in September from a report by the portal clubalfa.it. In addition to the already known eCMP and eVMP platforms, they will add a base developed by FCA for larger electric cars. Currently, the PSA Group offers 17 electrified models, with six more to be added this year.
Incidentally, sales at PSA subsidiary Opel/Vauxhall fell even more drastically in 2020 than in the Group as a whole. It plummeted by 35 per cent to 632,687 cars. The share of electric vehicles was not mentioned.