Europe’s EV Shift Gathers Pace as Petrol, Diesel Sales Slide
Three of the EU's four biggest EV markets recorded double-digit growth through August.
TL;DR
- Electric and hybrid vehicle sales grew across the EU through August.
- Petrol and diesel car sales fell sharply due to higher energy prices and geopolitical uncertainty.
- Over 1.6 million new battery-electric vehicles were registered in the EU from January to August.
- Electric vehicles accounted for nearly 22% of the new-car market in the EU.
- The EV transition faces intensifying global competition, especially from Chinese automakers.
- France, Germany, and Denmark showed strong growth in electric car sales.