US EditionEV sales soar in main European markets as drivers shun expensive petrol
More than 500,000 battery-electric vehicles were registered, and analysts said the quarter could cut oil demand by 2 million barrels a year.
- March registrations in 15 European markets rose 51.3 per cent to over 240,000, according to data released Monday by E-Mobility Europe and New Automotive.
- Rising petrol prices and new government subsidies drove a 72% monthly increase in plug-in vehicle sales across Europe in March, Benchmark Mineral Intelligence reported.
- Germany, France, Spain, Italy, and Poland recorded over 40% growth in battery-electric vehicle sales this year, while Britain saw a 12.8 per cent quarterly increase in registrations.
- Global registrations helped reduce oil consumption by two million barrels per year, according to a joint industry statement, even as EV sales stumble in North American markets.
- Colin McKerracher, head of clean transport at BloombergNEF, warned that limited supply from automakers hinders consumer demand, stating, 'Consumers can't buy a car they can't find.
26 Articles
26 Articles
Due to high gasoline prices, there is unprecedented demand for electric cars in the EU, and this is true across all major countries.
Electric car sales soar 51% as fuel prices spike
Last month in continental Europe, sales of electric vehicles surged by 51%, driven by rising gas and diesel prices linked to the conflict in Iran. According to the Guardian, 224,000 new EV registrations occurred in March, with a total of 500,000 in the first three months of the year, marking a 33.5% rise compared to the previous year. Norway leads the shift to electric, with 98% of new cars sold in March being EVs, followed by Denmark at 76% and…
Electric cars make up 98% of all vehicle sales in Norway as drivers across Europe embrace EVs
Electric car sales continued to soar across Europe last month as almost a quarter of a million new EVs were sold and motorists turned their backs on expensive petrol and diesel cars.New data shows that 242,265 new cars were registered in March, an impressive year-on-year increase of 51.3 per cent compared to 12 months ago.Europe's five largest countries (Germany, France, Spain, Italy and Poland) all saw growth of more than 40 per cent in battery…
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