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robotics/news//Bloomberg
Stellantis NV’s Peugeot brand is getting a boost from rising electric-vehicle demand.
Peugeot's EV orders surpassed 50% of retail sales in France and Germany in April and May.
KEY POINTS
Previous months saw only about 20% of Peugeot retail orders as electric vehicles.
Demand for Peugeot electric vans has also increased significantly alongside passenger vehicles.
The surge in EV orders is helping Peugeot recover from recent quality-related reputation issues.
Stellantis NV’s Peugeot brand is getting a boost from rising electric-vehicle demand, helping the nameplate emerge from quality issues that tarnished its image and drove away customers.
Among retail customers in France and Germany, EV orders made up more than half of the total for models like the 208 city car and 3008 sports utility vehicle in April and May, brand head Alain Favey said in an interview in Paris. That’s an acceleration from around a fifth during previous months, he said, while demand for electric vans has also climbed.