In the third quarter of 2022, battery electric vehicles (BEVs) recorded an increase in market share as high sales persisted. In the EU, BEVs now account for 11.9% of all new passenger car registrations (up from 9.8% in Q3 2021). Despite losing market share, the aggregate market share of diesel and gasoline-powered vehicles is still 54.3%.
With 259,449 units registered in the EU in the third quarter of 2022, battery electric vehicles (BEVs) showed the greatest rise (+22.0%) of all fuel types.
With the exception of Italy (-35.0%) and Denmark (-2.6%), all markets in the region contributed to this robust performance, with triple-digit growth reported in Cyprus (+490.0%), Latvia (+231.8%), Romania (+213.4%), and Bulgaria (+101.7%).
In contrast, PHEV registrations fell by 6.0% in the third quarter of the year, with losses reported in all of the EU’s key markets. Germany and Spain saw slight decreases (-0.9% and -1.0%), but Italy and France saw double-digit drops (-22.2% and -14.3%, respectively).
As a result of this dismal performance, PHEVs lost market share compared to the same period last year, and now account for 8.5% of all new vehicle registrations.
From July to September 2022, petrol vehicle registrations in the EU fell by 3.3%, totaling 823,360 units. As a result, gasoline’s market share fell from 39.3% in the third quarter of 2021 to 37.8% this year. However, gasoline remained the most popular fuel in the EU.
Similarly, 360,596 diesel car units were sold in the European Union, representing a 4.7% decrease in sales. Diesel’s market share fell from 17.5% in Q3 2021 to 16.5% of total sales, a 1 percentage point drop.
Source: ACEA
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