Car sales in the EU: Hybrid vehicle sales rise - pure electric cars decline
The latest data from the European car market shows a rise in hybrid vehicle sales and a decline in pure electric cars, except in Belgium and Italy. Germany, the Netherlands, and France have seen declines in electric car sales.
Gasoline and diesel engines remain stable in Germany but are declining in other countries. The market shares for fossil fuel drives are at 47.1%, electric cars at 14.4%, and hybrids at 29.5%.
Price differences between combustion engine and electric models still exist, but transaction prices are converging. The decline in electric car sales can be attributed to factors such as reduced or discontinued subsidies and limited customer interest.
The high prices of electric cars, concerns about range, charging infrastructure, and the possibility of changes to the ban on combustion engines by 2035 have also contributed to the decline. Despite these challenges, the overall car market in Europe has seen a 4.3% increase in new car registrations, driven by strong sales in Italy, Germany, and Spain.
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