European EV Sales, the current scenario
It was one of the main pillars of Rematec Amsterdam 2023, the focus on electric cars and everything related to it. The technology related to batteries, their construction, efficiency and charging standards, disposal solutions, and inevitably, sustainable manufacturing. It has been discussed throughout the fair, emphasizing the enormous work that major global companies are carrying out to offer a product with high-quality standards, both in terms of the vehicle and its components, with a separate focus on batteries. The commitment also extends to the charging grid, both urban and especially on highways, with special attention to the different needs from country to country. The 'Europe Passenger Electric Vehicle Model Sales Tracker' gives us insights into the current market situation in Europe.
Norway and the Netherlands are in first place for passenger vehicles
According to the most recent data from Counterpoint's Europe Passenger Electric Vehicle Model Sales Tracker, the region's sales of passenger electric vehicles (EVs) climbed by more than 13% YoY in Q1 2023. Although European passenger car sales as a whole are improving, they have not yet returned to their pre-COVID-19 levels. Germany was the leader in overall EV sales, followed closely by the UK, France, Italy, the Netherlands, and Norway. The Netherlands and Norway sold the most EVs relative to all passenger vehicle sales at the same time.
Not only full electric
Battery EV (BEV) sales increased 32% year over year in Q1 2023, while plug-in hybrid EV (PHEV) sales fell 13% year over year. As a result, compared to a year ago, the EV proportion of overall passenger vehicle sales decreased during the quarter. In the meantime, the European market for mild- and hybrid-electric vehicles (HEVs) has made significant strides. This shows that Europe is working to enter the lower-end EV market while also creating battery ecosystems and promoting a circular economy.