boemBattery electric vehicles lose their spark in Europe as hybrids steal the show
Another obnoxious headline
Overall, new car registrations were down by 3 percent in May 2024, according to ACEA.
The combined share of petrol and diesel cars dropped below half – falling from 52.1 percent to 48.5 percent.
According to figures from the European Automobile Manufacturers’ Association (ACEA), BEVs accounted for 12.5 percent of the EU car market, a drop from 13.8 percent a year ago. Hybrid electrics, however, grew from 25 percent to nearly 30 percent.
New car registrations: -3% in May 2024; battery electric 12.5% market share
In May 2024, car registrations in the European Union decreased by 3%, with declines observed in three out of the region’s four major markets: Italy (-6.6%), Germany (-4.3%), and France (-2.9%). Spain, on the other hand, achieved a modest growth of 3.4% last month.