The market for electric car is doing badly all over the world. Too expensive, offering too little autonomy, the battery car is sulkedwhich undermines the plans of manufacturers who are now forced to scale back, particularly in assembly plants.
That said, this picture contrasts quite sharply with the Belgian reality. Indeed, in 2024registrations of new electric cars have reached a new record with 127,922 units. In total, the year ends with growth of +37,3% reports Traxio, the federation of automotive professionals. And the market used electric car also progressed, going from 12,597 cars in 2023 to 23,515 in 2024, an increase of +104,7%.
New and used
The total market of electric car registrations in 2024 has therefore reached a volume of 151,437 vehicleswhich brings the progression over one year to +45,2%. These figures therefore demonstrate the constant progression of electric cars on Belgian roads. These now represent 28.5% market share, or a quarter of annual sales. On the other hand, the presence of electric cars on the second-hand market is still symbolic since it still only takes 3.2% of the shares.
Advertisement – continue reading below
As you can imagine, the adoption of the electric car is still mainly the work of companies which, taking into account taxation (also for employees who must pay an ATN), impose this motorization on their employees. So, 86,7% electric car registrations new in 2024 are carried out by companies or companies of leasing. This distribution is obviously completely different on the housing market.occasion where we practically reach thebalance : 48.5% registrations by companies and 51.5% by individuals.
It should be noted that the individuals have fallen behind in 2024. In any case in Flandersregion in which a prime was granted until recently. Thus, sales of new electric cars to individuals jumped by +151.4% (from 5,634 to 14,166 examples). The scenario is obviously not at all the same in Wallonia where only 2,602 new accumulator cars were registered privately. THE contrast is striking.
And the opportunity?
On the side ofoccasionit’s here again Flanders which dominates since the north of the country captured 75.1% of used electric cars registered by individuals. Here too, the bonus played a role. 2025 therefore promises to be less auspicious given the elimination of the said bonus last November. But this demonstrates the benefit of financial support in this type of transition. L’leverage effect is surprisingly powerful and, ideally, it should continue.
Traxio notes, however, that the second-hand market is experiencing special times for electric cars. The demand for these cars is more reliable than that for thermal engines, which leads to stocks among the dealers who are increasingly forced to lower prices since there is little prospect of being able to find resale channels abroad. As a result, the residual values electric cars are in free fall and, after 4 years, it will be 30 to 40% lower. However, demand for used electric cars remains strong from companies (51.5%). This is a way for them to benefit from a good deductibility while not incurring a high purchase (or leasing) price.
Which models do you prefer?
Although increasingly diversified, the electric car market has its leaders. In new, Tesla remains the master during the first 9 months of the year thanks to Model Y (8,880 copies). The American is followed by BMW and its iX1 (6,680 units) then by the Audi Q4 e-tron (5,903 units).
The ranking is, however, significantly different when we examine the figures for the second-hand market where it is the Porsche Taycan which stands out (1,016 units) ahead of the Tesla Model 3 (885 units) and the Fiat 500 (505 units). Let’s see how all this will evolve in the coming months and without the Flemish bonus…
Looking for a car? Search, find and buy the best model on Gocar.be
