The July report card of the European Union car market has been revealed. According to the data shared by the European Automobile Manufacturers Association (ACEA), new car registrations in Europe increased by 0.2 percent. Electric cars grew by 12.1 percent.
European Union’s electric car sales slowed down
New car registrations in the European market are mixed. While Italy and Spain showed growth, major markets such as France and Germany experienced a decline in new registrations. Vehicle registrations in the EU increased by 3.9 percent compared to the same period last year to more than 6.5 million units.
On the other hand, there was a significant change in powertrains as of July. Electric vehicles accounted for 12.1 percent of registrations in July, down 10.8 percent. Although markets such as Belgium and the Netherlands grew, the electric car trend in Germany was observed to decline.
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Plug-in hybrid vehicles also declined in July. Accordingly, new registrations decreased by 14.1 percent compared to the previous year. This segment now accounts for 6.8 percent of new registrations, down from 7.9 percent last year. Although sales of plug-in hybrids increased in Germany, they could not compensate for the declines in other markets.
In contrast, hybrid-electric vehicles reached their peak in July. Accounting for 25.7 percent of new registrations, hybrid-electric models achieved double-digit growth in markets such as France, Spain, Germany and Italy.
On the other hand, internal combustion vehicles continue to decline. Gasoline vehicle sales decreased by 7 percent in July, while diesel car sales dropped by 10.1 percent.
