Electric car demand peaks in Europe

Electric car demand peaks in Europe

August 30, 2020 0 By autotimesnews

Cars with hybrid motors continue to be the most popular, however, all-electric cars are becoming more and more popular.

The European market continues to grow in demand for cars with hybrid and electric motors. July 2020 became a record for this indicator – last month 230,700 of these cars were registered, which is immediately 131% higher than in July 2019. At the same time, sales growth is observed in all categories at once. According to the agency JATO Dynamics, the market share of cars with an electrical component was 18%. Note that a year earlier it was 7.5%, and in July 2018 it was only 5.7%.

The most popular are cars with hybrid (HEV) motors, which accounted for half of the total share. The compact Ford Puma and Fiat 500 became the leaders in sales of cars with mild hybrids. And the best sales dynamics were demonstrated by cars with plug-in hybrids (PHEVs) – the total sales of such cars amounted to 55,800 units, which is 365% more than the result of July 2019 …

Such figures are explained by the rapid growth in the number of models – in particular, Ford-Kuga, Mercedes A class, Volvo XC40 and BMW 3-Series have appeared on the market over the past year.

Sales of all-electric cars more than doubled over the year – from 23,400 to 53,200 units. respectively.

At the same time, the month was not very successful for Tesla due to delays in deliveries. Therefore, in the future, we should expect even greater sales growth.

In the meantime, a prototype of the new Genesis EV electric car was spotted during testing. Its main feature was the presence of cameras instead of classic rear-view mirrors. The new car should receive a lot of interesting and solutions and be able to successfully start on the market.