Electrified cars gaining popularity in Europe

By CARSIFU | 26 March 2020

LONDON: Against a backdrop of falling new car sales in Europe, electrified vehicles were once again the outlier in the industry.

Their registrations jumped from 75,400 units in February 2019 to 135,500 units in February 2020.

The increase of over 80% came at the expense of diesel and petrol cars which saw significantly fewer registrations.

Felipe Munoz, global analyst at JATO Dynamics said,"So far this year, electrified vehicles have been the only lifeline for manufacturers operating in Europe. This is good news, as the industry’s electrification plans have finally seen a positive response from consumers.”

Furthermore, the volume of EVs more than doubled in Germany and France – their biggest markets.

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In terms of market share, EVs represented 75% of all passenger cars registrations in Norway, 33% in Sweden, 31% in Finland, 22% in Netherlands and 17% in Hungary.

France leads among the big 5 markets, with an EV penetration of 14%, against 13% in the UK, 11% in Germany, 10% in Spain, and 8.6% in Italy.

The negative new car sales landscape also affected the model ranking.

The Volkswagen Golf was dethroned by the Renault Clio as the top-selling car in Europe, as the new generation hit the dealers.

This was due to Renault Clio’s new model having been available to the market for a longer period of time.

Other changes within the top 10 included the Fiat Panda moving into the 5th position, and SUVs falling from the rankings entirely.

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