All EU markets grew, with the exception of Hungary (-1.4%), including the four largest markets: Germany (+24.8%), Spain (+13.3%), France (+11.5%) and Italy (+9.1%) .
inside First half of 2023, the number of new car registrations in the EU increased significantly (+17.9%), reaching 5.4 million vehicles. Improvements in recent months show that Europe’s auto industry is recovering from supply disruptions caused by the pandemic. However, cumulative sales volume is down 21% compared to 2019. Most of the markets in the region grew significantly in the first half of 2023, including the four largest markets: Spain (+24.0%), Italy (+22.8%) and France (+24.0%). 15.3%), Germany (+12.8%).
Types of fuel for new cars
in June, battery electric vehicles’ market share jumped from 10.7% to 15.1%, surpassing diesel’s share for the first time. Hybrid electric cars remain his second most popular choice among new car buyers, accounting for his 24.3% of the market. However, gasoline vehicles still maintained the largest share, accounting for 36.3%.
Electric car
in June, the number of new registrations of battery electric vehicles in the EU increased significantly by 66.2%, reaching 158,252 vehicles. As a result, with a market share of 15.1% (up from 10.7% in June 2022), battery electric vehicles overtook diesel for the first time to become the third most popular choice among new car buyers. Most EU markets recorded impressive double- and triple-digit growth rates, including the largest markets such as the Netherlands (+90.1%), Germany (+64.4%) and France (+52.0%). This contributed to year-to-date growth of 53.8%, with 703,586 units sold from January to June.
The number of new hybrid electric vehicle registrations increased by 32.4% in June, reaching 254,100 units. This growth was mainly driven by strong growth in the region’s largest markets: Germany (+59.1%), Italy (+29.9%), France (+27.9%) and Spain (+22.7%). Cumulatively, hybrid electric vehicle sales recorded a staggering 27.9% increase from January to June, reaching nearly 1.4 million units, capturing 25% of the market.
The EU’s new plug-in hybrid vehicle market recovered in June, with registrations increasing by 13.4%. In Germany, the largest market for this type of fuel, sales fell by a significant 39.2%, but this decline was almost offset by strong increases in France (+49.9%) and Spain (+51.7%) . Despite the increase in registrations in June, the overall market share of plug-in hybrid vehicles fell to 7.9% from 8.2% in June last year.
gasoline and diesel cars
in June, the EU gasoline car market grew by 11% to a total of 379,067 units. However, the market share decreased from 38.5% in June 2022 to 36.3%. This growth was mainly driven by strong growth in the EU’s four largest markets, particularly Germany (+19.8%) and Spain (+11.9%). In the first half of this year more than 2 million gasoline cars were sold in the EU, an increase of 15.9% compared to 2022.
In contrast, the EU diesel car market continued to decline (-9.4%) last month, despite growth in Germany (+10.3%) and Central European markets, especially Romania (+22.4%). Currently, the market share of diesel vehicles is 13.4%, down from 17.4% in June last year.
In June, the market share of battery electric vehicles rose from 10.7% to 15.1%, surpassing diesel’s share for the first time. Hybrid electric cars remain his second most popular choice among new car buyers, accounting for his 24.3% of the market.