EVs Continue to Gain Market Share
A Tesla Model S charging by the curb in Rotterdam, the Netherlands, where there is an embarrassment of EV riches, while some Mediterranean neighbors are less well off, says thinks the continent’s automaker association. © RossHelen

EVs Continue to Gain Market Share

By Simon Johns - Oct 20, 2023

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Registrations of new battery electric vehicles and hybrids continued steady growth in September, according to data collected by the European Automobile Manufacturers’ Association.

While year-on-year sales of all cars grew, they have yet to return to pre-pandemic levels. Registrations in 2019 were 15.5 million units, crashing to 9.3 million in 2022. Automotive analysts from Jato speculate that annual sales are unlikely to return to the numbers seen before 2020.

BEVs captured 14.8% of the market, behind petrol and hybrid as the most-popular vehicle choice. This is the third time this year that BEVs have outsold diesels, ACEA said. Hybrids took 27.3% of the market while petrol cars saw market share decline to 34.1% from 35.3% this time last year.

Petrol car sales increased in absolute numbers by 5.5%, while market share shrank to 34.1% from 35.3%, year-on-year. Growth was kept bouffant in the bloc’s largest, namely Italy, Germany, Spain and France. Sales of diesel cars slumped by 12.5% in the same periods. The decline could have been greater were it not for Germans buying 4.6% more diesel cars. Diesels took a 12.7% market share, down from 15.9% in September 2022.

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