The Number of Electric Cars in Europe is Declining: Here's the Replacement

Written by Camilla Jessen

May.16 - 2024 10:04 AM CET

There aren't as many electric cars in Europe as expected, but this type of vehicle is now taking the spotlight.

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Although electric and hybrid vehicles are both considered greener alternatives to traditional combustion engines, new figures indicate that European car buyers now prefer gasoline hybrid vehicles over pure electric cars.

This shift occurs at a time when several car manufacturers are adjusting their strategies to meet consumer needs.

The Shift from Electric to Hybrid

It's not just car buyers who are shifting their focus from electric to hybrid; manufacturers like Ford and Mercedes have also revised their earlier goals of exclusively selling electric vehicles in the EU by 2030.

"Our latest data shows a clear shift towards hybrid vehicles, as they offer a more flexible solution for many consumers," a Ford spokesperson stated.

Sales Figures Speak Volumes

In March, sales of hybrid vehicles in Europe increased by nearly 13%, raising their market share from 24.4% to 29%.

Concurrently, electric vehicles saw a 5% decrease in the number of new registrations compared to the previous year, according to figures from the industry association Acea.

"This trend is unmistakable and reflects a broader movement towards hybrid technology across the continent," comments an analyst from Acea.

Local Preference for Plug-In Hybrids

In Denmark, plug-in hybrids are particularly attracting drivers, with models like the Ford Kuga leading the charge.

Volkswagen expressed surprise over this development:

"It's interesting to see how consumer trends shift, and we need to adapt our offerings accordingly," said a spokesperson from Volkswagen.

It appears that while electric vehicles are still an important part of the transition to more sustainable transportation, hybrid vehicles have become the preferred intermediate option for many European consumers on the path to full electrification.

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