{"id":41369,"date":"2023-12-21T09:42:08","date_gmt":"2023-12-21T09:42:08","guid":{"rendered":"https:\/\/www.innovationnewsnetwork.com\/?p=41369"},"modified":"2023-12-21T09:42:08","modified_gmt":"2023-12-21T09:42:08","slug":"over-50-of-new-car-registrations-are-electric-in-the-eu","status":"publish","type":"post","link":"https:\/\/www.innovationnewsnetwork.com\/over-50-of-new-car-registrations-are-electric-in-the-eu\/41369\/","title":{"rendered":"Over 50% of new car registrations are electric in the EU"},"content":{"rendered":"

The European Union witnessed a significant uptick in new car registrations in November, particularly electric cars, showcasing the growing preference for sustainable mobility options across the region.<\/h2>\n

According to recent data released by the European Automobile Manufacturers’ Association (ACEA), EVs represented over half of new car registrations in 2023. This surge signals a promising trend toward electric vehicles as a viable alternative in the automotive market<\/a>.<\/p>\n

The rise of electric vehicles<\/h3>\n

In November, new car registrations of battery-electric vehicles surged by 16.4%, reaching an impressive total of 144,378 units.<\/p>\n

The growth was multifaceted, with several markets contributing substantially to this surge. Notably, Belgium emerged as a standout performer, boasting an impressive 150.2% increase and solidifying its position as the fifth-largest market for battery-electric cars by volume.<\/p>\n

However, in contrast, Germany experienced a setback with a decline of 22.5% in battery-electric car sales, marking an anomaly in an otherwise upward trajectory.<\/p>\n

Despite Germany’s downturn, the cumulative figures for the year paint a promising picture, reflecting a remarkable 48.2% increase in battery-electric car sales compared to the previous year.<\/p>\n

This surge has propelled the year-to-date volume to nearly 1.4 million units, capturing a notable 14.2% share of the EU car market during this period.<\/p>\n

November also saw a surge in new registrations of hybrid-electric cars by 28.7%, driven primarily by robust growth in Germany (+38.4%), France (+35.8%), and Italy (+30.2%), the three largest markets for these vehicles.<\/p>\n

As of November, the cumulative figures for hybrid-electric cars surpassed 2.5 million units sold, representing over a quarter of the EU market share.<\/p>\n

However, amidst the overall growth in electric vehicles, plug-in hybrid electric cars experienced a setback in November.<\/p>\n

Sales declined by 22.1% to 72,002 units, marked by a substantial decline in Germany (-59.3%), the largest market for this power source.<\/p>\n

Despite notable increases in Belgium (+43.8%) and France (+17.8%), they couldn’t offset the decline in Germany, leading to a drop in market share from 11.1% last year to 8.1% in November this year.<\/p>\n

These figures highlight the nuanced landscape of electric vehicle adoption in the EU, showcasing varying trends across different types of electric cars.<\/p>\n

While battery-electric cars continue to surge ahead in most markets, plug-in hybrids faced challenges, primarily influenced by the German market’s downturn.<\/p>\n

Nonetheless, the overall momentum in electric vehicle sales paints an encouraging trajectory towards a more sustainable automotive landscape in the region.<\/p>\n

\"\"
Credit: ACEA<\/figcaption><\/figure>\n

Sales of petrol cars rise as diesel declines<\/h3>\n

Despite progress made in EV adoption, the EU’s automotive sector witnessed notable changes in petrol and diesel car sales during November 2023, signalling intriguing shifts in market dynamics.<\/p>\n

Amidst a continual decline in market share, the petrol car segment of new car registrations surprisingly surged by 4.2%, despite holding at 32.7% the previous month<\/a>.<\/p>\n

This growth was propelled by substantial sales spikes in key markets like Italy, soaring by 20.2%, and Germany, which saw a remarkable 12.5% increase.<\/p>\n

The cumulative sales volume reached a substantial 3.5 million units, marking an impressive 11.1% uptick and claiming a commanding 35.7% market share over eleven months.<\/p>\n

However, in contrast, the EU’s diesel car market sustained its downward trajectory, shrinking by 10.3% in November.<\/p>\n

This decline was widespread across most of the bloc’s markets, notably impacting the four largest: France (-28.3%), Spain (-22.8%), Italy (-7.4%), and Germany (-1%).<\/p>\n

Despite this overarching decline, certain Central and Eastern European markets, like Poland, experienced growth in diesel car sales, showing an increase of 13.8%. The market share for diesel cars in November was 12.2%, down from 14.5% during the same month the previous year.<\/p>\n","protected":false},"excerpt":{"rendered":"

Electric vehicles represented over 50% of new car registrations in the EU in November, signifying the drive for electrification. <\/p>\n","protected":false},"author":15,"featured_media":41371,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[24425],"tags":[24163],"acf":[],"yoast_head":"\nOver 50% of new car registrations are electric in the EU<\/title>\n<meta name=\"description\" content=\"Electric vehicles represented over 50% of new car registrations in the EU in November, signifying the drive for electrification.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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