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NowCar Tesla-FCA Sales Q1 2020

The Effect of the Tesla-FCA Pool in Q1 2020

Written By, Jordan R

A year ago, April 2019, Fiat Chrysler Automobiles (FCA) swallowed some pride and pooled fleets together with Tesla to meet stricter European Union rules on carbon-dioxide emissions. With FCA just starting to break into plug-in hybrid electric vehicles (PHEVs) with the Chrysler Pacifica Hybrid and the Jeep Compass 4xe and Jeep Renegade 4xe models, the majority of the fleet is still all powered by internal gas combustion engines, and Tesla is of course all-electric. Looking at the numbers of 2019 and the first quarter numbers of 2020, the two are leading a massive EV shift in Europe under the radical new market conditions of the world today.

The COVID-19 pandemic is coming and going in waves, affecting other parts of the country and the world. Still a global crisis, Florida is starting to open up bit-by-bit in May, and we’ll see how things progress. Overseas, the pandemic and new emission rules in Europe have caused a large shift in the auto market and the industry. With the deal between FCA and Tesla still active, even after the effect of the pandemic on sales, the impact has been buffed out a bit. At the end of Q1 2020, Tesla and FCA are leading EV sale shares with 39-percent of their overall sales.

A report from the International Council on Clean Transportation says it better.

“Year-to-date, the 2020 market share of electric vehicles was 7%, more than twice as high as during the same time period in 2019. FCA-Tesla was the manufacturer pool with the highest share of electric vehicles (39%). This is the result of a strong uptake of Tesla battery-electric vehicle sales, with a tenfold increase in deliveries in markets such as the UK, while at the same time sales of the Fiat brand combustion engine vehicles were cut in half compared to the previous month.”

To put this in layman’s terms, the FCA-Tesla combo actually worked out for the two automakers. With the 2020 market share going up by 7-percent, the share of EV sales has been pushed to a record of 10-percent of the overall market in Europe. Although FCA suffered a hit, along with many other automakers, the pooling of the two lineups is the silver lining. The report doesn’t go into detail about specific model sales, which does leave us to wonder how well the Jeep Compass 4xe and Renegade 4xe First-Edition Models were received, having been first released at the end of January 2020 in Europe.

The Jeep Renegade 4xe and Compass 4xe “First Edition” models are the first shares of the new PHEV venture by Jeep. Still not yet fully diving into electric model territory, both models are powered by a 1.3-liter turbocharged four-cylinder engine and an electric motor, that together, are able to generate up to 240 horsepower. The Jeep Wrangler 4xe, not yet released, is said to have closer to 300 horsepower, but we’ll see how the numbers go. For now, it’s exciting to know that even though these models are PHEVs, each Jeep 4xe model comes with a new e–All-Wheel-Drive (eAWD) system built specifically for the PHEV setup to keep the spirit of adventure alive.

Here’s hoping market shares continue to go up and that we see the Jeep Renegade 4x4, Jeep Compass 4xe, and Jeep Wrangler 4xe in the North American market by the end of 2020. Stay in touch and keep up with all Jeep related news on NowCar social media.

Photo Source/Copyright: Photo by Lukas Blazek on Unsplash