In January 2025, new car registrations in the EU dropped by 2.6%, with major markets like France, Italy, and Germany experiencing significant declines. Despite this downturn, electric vehicle (EV) sales surged by 34% to reach a 15% market share, primarily driven by strong demand in Germany, the Netherlands, and Belgium. While BMW outperformed Tesla in EV sales amidst Tesla's steep drop of 45.2%, plug-in hybrid vehicles also saw a decline of 8.5%, contrasting sharply with the performance of traditional hybrids and combustion cars, which faced a nearly 30% drop year over year.
Total new passenger car registrations in the European Union fell in January by 2.6%, brought down by declines in the union's biggest markets.
Electric vehicles had an excellent January, growing by 34% and reaching a 15% market share.
Tesla sales plummeted in the EU last month, falling by a whopping 45.2%. It sold just under 10,000 cars versus over 18,000 in January 2024.
Almost 65% of new EVs were bought in Germany, the Netherlands and Belgium, which saw significant increases year over year.
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