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Hybrids shine as EU new-car market sees summer growth

Baua Electric

Elsewhere, Portugal fell 9.5%, alongside Belgium (down 7.3%), the Netherlands (down 6.2%), Ireland (down 6%), Sweden (down 5.6%) and Greece (down 1.4%). On the other hand, Sweden (down 5.9%), the Netherlands (down 3.6%), Belgium (down 1.2%) and Ireland (down 0.3%) have had a poor 2024 so far. PHEVs accounted for 6.8%

Market 52
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EU new-car market suffers worst performance in over two years

Baua Electric

However, other six-figure markets were not so positive, namely Sweden (down 7.8%), Belgium (down 3.3%), the Netherlands (down 3.2%) and Ireland (down 0.9%). Italy saw registrations fall by 40.9%, followed by Finland (down 32.7%), Sweden (down 30.6%), Ireland (down 29.5%), Spain (down 24.8%), Austria (down 21.4%) and Portugal (down 19%).

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Strong growth for the EU LCV market in 2024

Baua Electric

Increases were also recorded in Denmark (up 9%), Austria (up 7.7%), Ireland (up 6.7%) and Poland (up 3.6%). Hungary and Romania saw volumes rise 16.4%, followed by Portugal (up 14.9%), Austria (up 11.1%), Ireland (up 6.5%), Poland (up 4.9%) and Denmark (up 2.7%). The big four EU member states saw contrasting petrol demand.

Market 52
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BEV boost despite EU new-car market slump

Baua Electric

Looking at other high-volume countries in January, Denmark increased its registrations by 22.6%, followed by Austria (up 16.5%), Sweden (up 14.4%), Ireland (up 6.6%) and Poland (up 3.4%). PHEVs fall Plug-in hybrid (PHEV) deliveries fell by 8.5% Combining BEV and PHEV figures, electric vehicle ( EV ) deliveries improved by 16.2%

Market 52