All the European investment, retail, real estate, office and industry news in English language

11.9% of total passenger car sales across the EU last year were hybrid electric vehicles

In 2020, hybrid electric vehicles made up 11.9% of total passenger car sales across the EU, up from 5.7% in 2019, ACEA reports.

Electrically-chargeable vehicles saw a similar surge in demand last year, accounting for 10.5% of all new car registrations in the European Union, compared to a 3.0% market share the year before.

Even more, in the fourth quarter of 2020, nearly one in six passenger cars registered in the European Union was an electrically-chargeable vehicle (16.5%).

Stimulus packages introduced by governments to boost demand to stimulate alternatively-powered vehicles in particular, further driving demand for low and zero-emission cars.

Although the overall decline of 3 million units in car registrations as a result of COVID-19 hit diesel and petrol-powered vehicles the hardest, conventional fuel types still dominated EU car sales in terms of market share (75.5%) in 2020.

- ADVERTISMENT -

must read