Sales of hybrid cars are still growing in Europe

Sales of hybrid cars are still growing in Europe
Sales of hybrid cars are still growing in Europe

LSales of hybrid models continued to grow in Europe in May, while all other engines declined, according to figures published by manufacturers on Thursday.

The European market overall fell by 3% over one year, with sharp declines in Italy and Germany in particular.

Gasoline (-5.6% year-on-year) and diesel (-11.4%) cars now represent less than half of sales on the continent, according to these monthly statistics published by the Association of Automobile Manufacturers ( ACEA).

On the other hand, hybrid cars (petrol and diesel, which cannot be plugged into a terminal) continue their rise and reach 29.9% of sales in May (+16.2%), with good sales in France. and in Spain in particular.

As for electric cars, stagnation was confirmed in May with a decline of 12% over one year. Their market share is stuck at 12.5% ​​in May, while it had reached 14.6% for the whole of 2023.

In the main markets, electric sales only increased in France and Belgium, and continued to decline in Germany, where purchase bonuses were eliminated at the end of 2023.

Read also
Electric cars: the EU risks “losing its bet”, according to the European Court of Auditors

Sales are slipping

Sales of sector leader Tesla fell 10.2% in the first five months of the year compared to the same period in 2023.

While the EU has planned to ban the sale of thermal cars by 2035, sales are slipping due to a lack of affordable models.

However, more than 550,000 electric cars were sold from January to May 2024, which still represents an increase of 2% compared to the same period in 2023, according to ACEA.

Sales of plug-in hybrid cars (which can be plugged in) continue to decline (-14.7%) and now represent only 6.5% of the market.

Among the automobile groups, Volkswagen (+1.6%) is resisting the market decline with good sales at Skoda and Cupra, which offset the decline at Audi.

Number 2 Stellantis fell by 6.9% over one year, with a drop in sales at Peugeot and Opel, which was not offset by the increase in those at Citroën.

Read also
Germany: Will Tesla withstand the protests for long?

-

-

NEXT Gas prices, DPE, savings plan… What’s changing on July 1, 2024