Reply to In September, 60% of European Automotive Sales Were EVs

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Reply to "In September, 60% of European Automotive Sales Were EVs"

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[quote=Anonymous][quote] Some 295,000 plugin vehicles were registered in Europe in September, rising 6% YoY, which represents the EV market’s return to growth for the first time since April. This is even more significant when you consider the overall market fell by 4%, to 1.1 million units.

Interestingly, BEVs are the ones pushing the market upwards, growing 14% YoY to 212,000 units. PHEVs remain stuck in red, falling 9% in September to 83,000 units.

Looking at the remaining powertrains, only HEVs were positive, growing 12% YoY, while petrol was down 19% and diesel continued to free fall, dropping 24%.

As such, September’s automotive market has seen some seismic changes, with plugin vehicle share of the overall European auto market rising to 26% (19% full electrics/BEVs). Added to the 34% market share of HEVs, that means that 60% of all passenger cars sold in Europe last September had some kind of electrification.

Even more importantly, for the first time, sales of HEVs (34% share) surpassed sales of petrol vehicles (29% share) in September, a trend that is surely here to stay. Meanwhile, diesel (8%) continues to lose relevance every passing day. At this pace, I wouldn’t be surprised if diesel was dead in Europe before 2030, with petrol following it a couple of years later.[/quote]
https://cleantechnica.com/2024/10/30/europe-ev-sales-report-in-september-60-of-european-automotive-sales-were-electrified/

This is interesting because the subsidies in Germany have stop and will not kick in for few months. [/quote]

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