Europe: Plug-In Electric Car Sales At Crossroads In July 2022
The European passenger car market continues to struggle as the overall sales decreased again in July.
The plug-in electric car segment is also affected by the challenging market situation – especially the constrained supply of new cars.
According to EV Volumes data, shared by Jose Pontes, over 157,000 new passenger plug-in cars were registered in Europe last month, which is 5% less than a year ago. On the positive side, the market share remains relatively strong at 19%.
The main issue behind the overall drop is a significant 25% decrease of plug-in hybrid car sales, because all-electric cars are actually doing very well, recording a 19 % increase compared to the previous year.
It will be interesting to see whether PHEVs will return to form or gradually fade behind BEVs.
New plug-in car registrations:
BEVs: about *91,000 (up 19% year-over-year) and 11% share
PHEVs: about *66,000 (down 25% year-over-year) and 8% share
Total: 157,694 (down 5% year-over-year) and 19% share
* estimated from the market share
The European passenger car market continues to struggle as the overall sales decreased again in July.
The plug-in electric car segment is also affected by the challenging market situation – especially the constrained supply of new cars.
According to EV Volumes data, shared by Jose Pontes, over 157,000 new passenger plug-in cars were registered in Europe last month, which is 5% less than a year ago. On the positive side, the market share remains relatively strong at 19%.
The main issue behind the overall drop is a significant 25% decrease of plug-in hybrid car sales, because all-electric cars are actually doing very well, recording a 19 % increase compared to the previous year.
It will be interesting to see whether PHEVs will return to form or gradually fade behind BEVs.
New plug-in car registrations:
BEVs: about *91,000 (up 19% year-over-year) and 11% share
PHEVs: about *66,000 (down 25% year-over-year) and 8% share
Total: 157,694 (down 5% year-over-year) and 19% share
* estimated from the market share
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