Nov 3, 2020
Hybrid and EVs outperformed diesels for the first time
Hybrid and electric-powered vehicles in Europe outsold their diesel-powered equivalents for the first month on record.
According to the latest registration figures from industry specialist Jato Dynamics, 1.3 million new cars were registered in Europe in September with 327,800 of those being either hybrid or electric cars and around 322,400 powered by diesel.
While the raw numbers itself are impressive enough, the demand for petrol and diesel cars fell by double digits compared to September 2019. Meanwhile, electric cars saw a market increase of 139% over last year.
Felipe Munoz, global analyst at Jato Dynamics said: ‘The shift from ICEs to EVs is finally taking place.
‘Although this is largely down to government policies and incentives, consumers are also now ready to adopt these new technologies.’
Diesel cars have reached a new low, making up just 24.8% of the market verses to 50% exactly ten years ago when electric registrations were at 1%.
Even petrol cars are suffering, falling from 59% of the market share in September 2019 to 47% in September 2020.
The changing landscape has allowed some manufacturers to flourish more so than others. For instance, the mighty Volkswagen Group has quelled the turmoil following the diesel-gate scandal and has got ahead in the electrification market.
Last month, the German car maker registered 40,300 electric cars in Europe, coming second only to Toyota in the electrification market.
But while they are trailing among Hybrids, Volkswagen Group is now Europe’s top-selling pure electric car marker in world.
As well as Toyota and Volkswagen, Ford, Suzuki, BMW and now Fiat performed strongly among hybrids. In particular, demand increased as a result of the brand new Ford Puma, Fiat 500 and Fiat Panda.
Renault join VW as leaders among pure electric vehicles along with Tesla.
Mercedes was the led the market on plug-in hybrids followed by BMW and Volvo.
