- Sales of battery electric vehicles (BEVs) have slightly decreased in Europe (30 countries: EU + United Kingdom + Switzerland + Norway) in 2024, compared to 2023, their market share at 16% remaining stable after several years of uninterrupted growth, on a market of 12.9 million passenger vehicles, up 1% compared to 2023.
- This slight decrease in BEV sales in Europe can be explained by the end of subsidies for the purchase of this type of vehicle in Germany and by the lack of low-cost battery electric offers. The Citroën e-C3 at less than 25,000 euros arrived very late on the market (September 2024). The same goes for the Renault 5 E-Tech at less than 30,000 euros. The Fiat Grande Panda, Opel Frontera and Citroën C3 Aircross will not arrive until 2025. The Volkswagen ID1/ID2 will arrive in 2026. The market share of BEVs, stable at 16% in Europe in 2024, raises question: the European Commission's objectives of a 100% European market of electric cars by 2035 seem unattainable.
- The analysis of the market shares by fuel type in Europe in 2024 shows several interesting facts:
1. gasoline engines continue their slow decline (4,273,672 units in 2024 compared to 4,581,736 in 2023).
2. mild-hybrid engines (MHEV) continue to develop (2,857,682 units in 2024 compared to 2,410,891 in 2023).
3. battery electric engines (BEV) saw their sales drop slightly (1,993,102 units in 2024 compared to 2,009,372 in 2023).
4. diesel engines continue to lose influence (1,350,294 units in 2024 compared to 1,530,800 in 2023).
5.f ull-hybrid engines (HEV) continue to progress (1,210,626 units in 2024 compared to 982,000 in 2023).
6. plug-in hybrid engines (PHEV) continue to decline (952,058 units in 2024 compared to 987,231 in 2023).
Analyses
Data Tables & Charts
