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EVs are no longer marginal: nearly one in three new cars in key European markets was electric

Battery-electric registrations across 16 key European markets rose 54.2% year on year in August, reaching a 30.5% share of new registrations and running well ahead of earlier forecasts.

What happened

More than 1.67 million BEVs have been registered across those markets so far this year, up by a third. Germany reached a 32.5% share in August and France 38.3%.

Why it matters

The industrial impact matters as much as consumer choice. Europe’s transition reshapes demand for engines, transmissions, batteries, electronics and software across the automotive supply chain.

Context

Watch Germany and France, battery prices and investment decisions by European automakers.

Sources

OPC Global News · Uk Edition · by George

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