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During February 2025 European new car sales dropped -3% according to registration data released today by the European Automobile Manufacturers’ Association, aka ACEA derived from its French name. Year-to-date February 2025, battery-electric vehicles (BEVs) accounted for 15.2% of total EU market share, signifying an increase from the low baseline of 11.5% in the comparable period of January-February 2024. Hybrid-electric vehicles surged, capturing 35.2% of the market and remaining the preferred choice among EU consumers. Meanwhile, the combined market share of petrol and diesel cars fell to 38.8%, down from 48.5% over the same period in 2024.
“Notably, the bloc’s major markets saw declines, with Italy (-6%), Germany (-4.6%), and France (-3.3%). Spain conversely recorded an 8.4% increase,” ACEA said. Buried in the data, but not noted by ACEA is Tesla sales dropped significantly for the second straight month in Europe. Year to date Tesla is off 49% dropping from 37,311 in 2024 to 19,046 in 2025. This as the Chinese assault on the European market is just beginning. Continue reading
Electric Vehicle Sales Outpacing Public Chargers
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Electric vehicles sold in the US during Q4 of 2024 comprised ~11% of all light duty vehicle sales. This is the highest quarter on record.* This also represents a 0.3 percentage-point market share increase from the 3rd quarter of 2024, according to an analysis released today by the Alliance for Automotive Innovation, a trade and lobbying group for automakers. There were about 433,843 EV sales from 144 different electric vehicle models sold in the 4th quarter alone of last year. Battery electric vehicles make up the majority of those, but plug-in electric as well as hybrid vehicle sales have been growing as well.
“Prices have still remained higher for electric vehicles than the average by about $6000. This is data from Kelley Blue Book,” the Alliance said. “Even with some of the federal and state incentives, we’re still at $6000 to $10,000 more for an electric vehicle than the overall industry average sales price.” Continue reading →