Monday, August 8

Tag: Electrified

Electrified cars market share grows in Europe as total sales fall
Business

Electrified cars market share grows in Europe as total sales fall

The share of battery-electric cars among new registrations in Europe grew to 9.9% in April to June from 7.5% a year prior, new data showed on Wednesday, as fossil-fuel powered cars lost market share and total sales dropped. Petrol and diesel cars retained a majority of new registrations with a 55.8% share, the data from Europe's automobile association ACEA showed, but total sales fell by more than a fifth for both car types. By contrast, battery-electric vehicle sales grew 11.1%. Two-fifths of new cars sold were electrified, with hybrid cars - which outsold diesel cars for the first time in 2021 - still the most popular with a 22.6% market share. ACEA data released earlier this week showed Europe registered the fewest new passenger cars in the month of June since 1996 at just o...