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Automotive Industry:Europe: Difference between revisions
→New Car Registrations
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The European Automobile Manufacturers' Association data indicate that EU new car registrations rose 11.5% to 802,763 units in February. | The European Automobile Manufacturers' Association data indicate that EU new car registrations rose 11.5% to 802,763 units in February. | ||
With a market share of 36.9%, new petrol cars grew 11.1% in February. | With a market share of 36.9%, new petrol cars grew 11.1% year-over-year in February. | ||
With a market share of 12.1%, new Battery electric vehicles registrations grew 39.7% in the month. | With a market share of 12.1%, new Battery electric vehicles registrations grew 39.7% year-over-year in the month. | ||
Meanwhile, new hybrid cars registrations grew 22.3% in the month. Hybrid cars has 25.5% market share. | Meanwhile, new hybrid cars registrations grew 22.3% year-over-year in the month. Hybrid cars has 25.5% market share. | ||
Overall, new car registrations in Europe grew 11.4% year-over-year to 1.6M new cars in the first two months of 2023<ref>https:// | Overall, new car registrations in Europe grew 11.4% year-over-year to 1.6M new cars in the first two months of 2023<ref>https://www.acea.auto/pc-registrations/passenger-car-registrations-11-5-in-february-battery-electric-12-1-market-share/</ref>. | ||