BEVs represent 16% of the European market over 9 months 2023
- Sales of battery electric vehicles (BEV) have been growing continuously in Europe (EU + UK + Switzerland + Norway) for around ten years. If we take the last three years as a reference, we observe that the share of BEVs sold in Europe increased from 6% over the first 9 months of 2020 to 7% over the first 9 months of 2021, then the growth accelerates with 12% over the first 9 months of 2022 and 16% over the first 9 months of 2023 (23% in China).
- Plug-in hybrid cars (PHEV) increased from 5% over the first 9 months of 2020 to 8% over the first 9 months of 2021 then 9% over the first 9 months of 2022, but we observe a decline to 7% over the first 9 months of 2023.
- Full-hybrids (HEV) increased from 4% over the first 9 months of 2020 to 6% over the first 9 months of 2021, then 7% over the first 9 months of 2022 and 8% over the 9 first months of 2023.
- Mild-hybrid hybrids (MHEV) increased from 9% over the first 9 months of 2020 to 16% over the first 9 months of 2021, then 17% over the first 9 months of 2022 and 19% over the first 9 months of 2023.
- If we combine these four alternative engines, we obtain just 50% market share in Europe over the first 9 months of 2023 compared to 24% over the first 9 months of 2020, i.e. a doubling of the market share in four years.
- Gasoline and diesel engines without any hybridisation therefore still represent 50% of the European PC market but diesel only represents 13% of the market over the first 9 months of 2023 compared to 27% over the first 9 months of 2020.