Car sales in the European Union continue to evolve, with the latest figures from July showing a complex picture. According to data released by the European Automobile Manufacturers’ Association (ACEA), new car registrations in Europe increased by 0.2%. Although electric vehicle (EV) sales are growing, their pace has slowed, while hybrid vehicles are experiencing a significant rise.
Electric Vehicle Sales Slow Down in the European Union
The European car market presents a mixed bag. While Italy and Spain recorded growth, major markets such as France and Germany saw a decline in new car registrations. In total, vehicle registrations across the EU rose by 3.9% compared to the same period last year, exceeding 6.5 million units. However, significant changes are emerging in powertrain preferences. In July, electric vehicle registrations dropped by 10.8%, comprising 12.1% of total sales. Although markets like Belgium and the Netherlands continued to see growth, Germany’s decline in EV sales was notable.
Plug-in hybrid vehicles also faced a downturn in July. Registrations fell by 14.1% compared to the previous year, now making up 6.8% of new car registrations, down from 7.9% last year. Despite Germany’s increase in plug-in hybrid sales, it wasn’t enough to offset the declines seen in other regions.
Hybrid-Electric Vehicles Surge to the Top
On the other hand, hybrid-electric vehicles saw a surge, reaching a peak in July. These models accounted for 25.7% of new registrations, driven by double-digit growth in markets such as France, Spain, Germany, and Italy. As hybrid technology becomes more popular, it is solidifying its role in the market.
Meanwhile, internal combustion engine (ICE) vehicles continue to experience a downward trend. Sales of petrol cars decreased by 7% in July, and diesel vehicles saw a 10.1% drop.
