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Euro car market has best H1 of century; diesels down 17%; AFVs up 31% for 5.4% of total; SUVs booming

Green Car Congress

The European car market recorded its best H1 performance of the century, with 8.6 million car registrations between January and June—a year-on-year increase of 2.7%. Despite uncertainty in the UK, where the market was down 6.3% They accounted for 56% of the total market in Norway, 13% in Finland and 11% in Sweden.

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JATO Dynamics: in decline of Euro new car market, electrified vehicles increase share to almost 13%

Green Car Congress

The decline of the European new car market has continued throughout February. The situation is rapidly deteriorating in Europe due to complex regulation, lack of available homologated cars, and increasing pressure on the economy. Registrations for SUVs fell by 1.7% —Felipe Munoz, global analyst at JATO Dynamics.

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Diesel new vehicle market share in Europe in February dropped to 39.5%; SUVs still driving growth

Green Car Congress

European car registrations increased by 4.2% million cars were registered, as well as constituting the highest YTD volume since 2008, with 2.44 million cars were registered, as well as constituting the highest YTD volume since 2008, with 2.44 The market share of diesel vehicles fell to 39.5% percentage points in February.

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European car market logs best year for alternative fueled vehicles, lowest diesel share since 2001

Green Car Congress

The European car market remained stable during 2018, as 15.6 It was the best result since 2007, when the market peaked with 16.02 Strong results in Q2, where the market was up by 4.8%, and Q3, where the market was up by 1.1%, were enough to offset the large decline posted in Q4, where the market dropped by 7.5%

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Mercedes introducing EQB compact electric SUV in Shanghai

Green Car Congress

kWh/100 km) it is the second fully electric compact car from Mercedes-EQ. The market launch in China is scheduled for this year. After Europe, the international version of the EQB, produced in Kecskemét, Hungary, will be launched at the end of the year, followed by the US market launch in 2022.

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NIO’s expansion into German, Dutch, Danish and Swedish markets coming with buildout of battery swap stations

Green Car Congress

This expansion follows NIO’s entry into the Norwegian market last year. NIO also confirmed that pre-orders for its EL7, a mid-large smart electric SUV, and the ET5, its mid-size smart electric sedan, are open now, with deliveries set to start in January and March 2023, respectively. NIO ET7 in Berlin.

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Mercedes-Benz Cars invests €1B in new “Full-Flex” car plant in Hungary; Factory 56 applied to full plant

Green Car Congress

Mercedes-Benz Cars is starting construction of its first “Full-Flex Plant“ in Kecskemét, Hungary, about 90 km in the south of Budapest. Overall, the company is investing €1 billion in the new car plant and creating more than 2,500 jobs. This includes passenger cars with a wide variety of body and drive variants.

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