The market share of the electric car in the EU has declined – Automobile Magazine

Except for 7.1 percent growth in Spain last year, the growth in the EU market was lower than 2023. 3.2 percent in France, 1 percent in Germany and 0.5 percent in Italy decreased.

Despite the general growth, the volume of the EU automobile market is watching 18.4 percent behind the Kovid-19 epidemic.

Although gasoline cars in the EU maintained its leadership in 2024 with a market share of 33.3 percent, it is seen that it declined compared to its share of 35.3 percent in 2022.

Last year, diesel automobile sales was 1 million 267 thousand and the market share of these vehicles decreased from 13.6 percent to 11.9 percent compared to 2023.

Hybrid automobile sales in the EU increased by 20.9 percent compared to 2023 and reached 3.3 million. Thus, hybrid cars, 30.9 percent share in the total automobile market.

While electric cars continued to be the third most popular choice for buyers in 2024, the market share, which was 14.6 percent in 2023, remained at 13.6 percent last year.

Best Selling Brands

Based on brand -based, last year, the sales leader in the EU brand brand 1 million 371 thousand 465 units was the German car manufacturer Volkswagen. Toyota, 928 thousand 767 sales with the second, 774 thousand 925 sales BMW was recorded as third. With 766 thousand 510 sales Skoda fourth and 699 thousand 214 units Renault ranked fifth.

Last year Tesla’s sales in the EU was 327 thousand 34.

Tesla, Volkswagen and Renault stand out as the most sold brands in electric car sales.

The EU is expected to strengthen its steps in global competition

There are discussions on the future of electric cars in the EU. The report shared by ACEA indicates that unlike China and the United States, the EU does not have a solid industrial strategy to support electric vehicle production.

Despite the many incentives issued by the EU for the electric vehicle, the fact that sales do not reach the desired level and the lack of sufficient studies on setting up a charging station reveals question marks on this issue.

According to ACEA’s report, China’s automobile sales reached approximately 23 million with a strong recovery in the last quarter of 2024, and largely benefiting from the government’s tax incentives, an annual increase of 2.6 percent.

China’s sales made up about 31 percent of global automobile sales. China’s dominance in the electric vehicle supply chain shadowed EU’s efforts to support European electric vehicle production.