Registrations of new battery electric vehicles snagged a market share of 12.1% of all passenger cars in February 2023, according to the latest figures published by the European Automobile Manufacturers’ Association.
The European Union’s passenger car market grew overall by 11.5% year on year, reaching 802,763 units. The automotive chip shortage’s lingering effects on vehicle availability hampered stringer growth, ACEA said. Meanwhile, BEV registrations grew by 39.7% to reach 97,300 units.
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